Math, asked by vamsib8809, 1 year ago

A boy invested rs 100000 at 13%per annum. Find the amount standing to his credit at the end of second year?

Answers

Answered by DevyaniKhushi
3

Here,\\Principal = Rs.\:100000\\Rate=\:13\%\\Time=\:2\:years\\\\\\\\Therefore,\\\:\:\:Amount\:=\:P[1+(\frac{R}{100})^t]\\\\Amount\:=\:100000[1+(\frac{13}{100})^2]\\\\Amount\:=\:100000[1+\frac{169}{10000}]\\\\Amount\:=\:100000(\frac{10000+169}{10000})\\\\Amount\:=\:100000\times\frac{10169}{10000}\\\\Amount=10\times10169\\\\Amount=Rs. 101690


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