Question

2. Find the amount on Rs 12000 for 2 years compounded annually if the rate of interest
20% p.a for the first year and 10% p.a for the second year.​

Answer 1

Answer:12840

Step-by-step explanation:

20 % of 12000

10 percentage of the above answere get the answere

Answer 2

Answer:

Rs 1356

Step-by-step explanation:

P=Rs.12000,Time=2 Years,Rate=5% and 6%

A=P(1+ r/100)T

⇒12000(1+5/100)(1+6/100)

=12000×105/100×106/100

=13356Rs

C.I=A-P

=13356-12000=1356Rs