Math, asked by talwinderkaur370, 5 months ago

a sum of rupees 20000 deposited in a bank for 2 year @ 10% compound annually.

Answers

Answered by takikira

3

Answer:

4200 rupees

Step-by-step explanation:

1st year

I= P1*T*R/100

I = 20000*1*10/100

=2000

A1 =P1 +I

20000+2000= 22000

2nd Year

I= P2*T*R/100

=22000*1*10/100

= 2200

A2=P2+I

= 22000+2200= 24200

CI= A2-P1

= 24200-20000

=4200 rupees

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