Question

amount and the compound interest on Rs 2500 for 2 years at 10% per

annum. compounded annually.​

Answer 1

Answer:

i do not know

Step-by-step explanation:

amount and the compound interest on Rs 2500 for 2 years at 10% per

annum. compounded annually.​

Answer 2

Answer:

₹525

Step-by-step explanation:

Present value=₹2500

Interest rate=10% per annum

Time=2 years

To find the amount we have the formula,

Amount(A)=P(1+(R/100))  

n

 

where P is present value, r is rate of interest, n is time in years.

Now substituting the values in above formula we get,

∴A=2500(1+10/100)^2  

A=2500(11/10)^2  

A=2500(121/100)

A=25(121)

A=₹3025

Now,

∴ Compound interest = A–P

=3025–2500=₹525