Question

1. Find the amount and the compound interest on 2500 for 2 years at 10% per annum, compounded annually.​

Answer 1

Answer:

3025 amount

525 ci

Step-by-step explanation:

plz mark brainleast

Answer 2

Given : Principal = rs 2500

Rate = 10% per annum

Time = 2 year

• First we will calculate amount :

amount = p × ( 1 + r/100 )

2500 × ( 1 + 10/100 )²

2500 × ( 1 + 1/10 ) ²

2500 × ( 11/10 )²

2500 × 11/10 × 11/10

3025

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• Now we will calculate Interest :

⇝ Amount = Interest + Principal

⇝ 3025 = Interest + 2500

⇝ Interest = 3025 - 2500

⇝ Interest = Rs. 525

⠀

∴ Amount will be Rs. 3025 and Interestwill be Rs. 525 If Compounded Annually.