Question

25. Find the compound interest on 5050 in
3 years of the rate of interest are 55.8% and
10% for successive years.​

Answer 1

Answer:

please follow me!!!!!

Answer 2

Answer:

Step-by-step explanation:

Principal of first year = 5050

Interest of first year = 5050×10×1/100 =505ruppees

Amount at the end of the first year = 5050+505=5555

Principal of second year=5555×10×1/100 = 5555.5

Amount at the end of second year = 11110.5

Principal of third year = 11110.5×10×1/100 = 111111.05

Amount at the end of third year= 111111.05+11110.5 = 122221.55