Question

2. Salma borrowed from Mahila Samiti a sum of 1875 to purchase a sewing machine. If
the rate of interest is 4% per annum, what is the compound interest that she has to pay
after 2 years?

solve it quickly​

Answer 1

Answer:

bro here answer...

click on pic..

u will get

Answer 2

$\huge\underline{ \mathbb\red{❥A} \green{n}\mathbb\blue{S} \purple{w} \mathbb \orange{E}\pink{r}}\:$

Principal for the first year = Rs 1875

Rate of interest = 4% p.a.

Interest for the first year = Rs (1875 × 4 × 1) / 100

= 75

Amount at the end of first year = Rs 1875 + Rs 75

= Rs 1950

Principal for the second year = Rs 1950

Interest for the second year = Rs (1950 × 4 × 1) / 100

= 78

Amount at the end of second year = Rs 1950 + Rs 78

= Rs 2028

Hence,

Compound interest paid by Salma = Final amount – (original) Principal

= Rs 2028 – Rs 1875

= Rs 153