Question

2. Find the compound interest when principal = Rs 2000, rate = 20% per annum and time = 2 years 3 months.
​

Answer 1

Step-by-step explanation:kya bola mujhe ko kuch samajh nahi aaya

Given, P= Rs. 2000, r

1

=4% p.a. for 1

st

year, r

2

=3% p.a. for 2

nd

year

∴A=P(1+

100

r

1

)(1+

100

r

2

)

=2000(1+

100

4

)(1+

100

3

)

= Rs. (2000×

25

26

×

100

103

)= Rs. 2142.40

∴ C.I. = Rs. 2142.40− Rs. 2000= Rs. 142.40

Answer 2

Answer:

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