Question

24.Find the compound interest for Rs. 40,000 at 10% compounded annually for

3 years and compare it with simple interest obtained for the same principal,

period and at the same rate of interest. ​

Answer 1

Simple Interest I=

100

PNR

Here for first year,

P=Rs40,000

N=1year

R=10 %

So, Interest at the end of 1st year I=

100

40,000×1×10

=Rs4,000

And for second year,

P=Rs40,000+Rs4,000=Rs44,000

N=1year

R=10 %

I=

100

44,000×1×10

=Rs4,400

Answer 2

Answer:

hey Clara I am fine.. don't worry everything will be fine soon.. u will get over it..i hope so too we can talk to each other soon and yeah I am so so excited for Permission to Dance!!!!

Step-by-step explanation:

I Purple u and take care❤✌