Find the compound interest on Rs. 18,000 at the rate of 6% per annum in 2 years ?A2224.8B2000C1200D222480Answer: A. 2224.8 Read Explanation: CI=P[1+r100]2−PCI = P[1+\frac{r}{100}]^2-PCI=P[1+100r]2−PP = 18000r=6%CI=18000[1+6100]2−PCI=18000[1+\frac{6}{100}]^2-PCI=18000[1+1006]2−PCI = 20224.8-18000CI=2224.8 Rs Read more in App