Question

56 Find the compound interest on Rs. 1000 for 2 years at 5% per annum Ops: A ORs 10250 B ORs 110250 C 0 Rs. 1120.50 D. ORs 120.50 57 Find the probability of drawin​

Answer 1

Answer:

⇒1102.50=1000(1+100R)2

⇒10001102.50=(1+100R)2

⇒400441=(1+100R)

⇒(2021)2=(1+100R)2

⇒1+100R=2021

⇒100R=2021−1

⇒100R=201

⇒R=20100=5%