3. Find the amount and compound interest on 20000 in 2% years at 10% per annum.
4. Amit deposited a sum of 50000 in a bank for 2 years compounded half yearly at 10% per
the compound interest he gets.
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Q.3 Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%. Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs. 28,800. Compound Interest C.I.
Q.4 Rs.72070
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