Question

A principal of 10.000 after 2 years compounded annually, the rate of interest being 10% per annum during the first year and 12% per anaum during the second year (in rupees) will amount to
() 12.000
(b) 12 320
() 12.500
(d) 11320​

Answer 1

Answer:

(b)

Step-by-step explanation:

ist year i = 10000 x 0.10 = 1000

2nd year i = 11000x 0.12 = 1320

amount = 12320

(b)

Answer 2

Answer:

ANS is (c) 12.500 as per the formula I am giving now below