Question

Amount on 25000 in 2 years at annually compound interest.If the rates for the successive years be 4% and 5% per annum respectively

Answer 1

Click on the above photo for solution

Answer 2

Answer:

Rs. 27300

Step-by-step explanation:

With smart approach  

Principal Amt.=Rs. 25000  

Time = 2 years  

R1 = 4 %, R2 = 5 % Annually  

See Image!

So amount will be Rs. 27300 after 2 years

4