Math, asked by priyagupta2774, 9 months ago

annum is Rs. 2,100. Find the corresponding compound interest.
(ii) The simple interest on a certain sum for 2 years at 14% pa​

Answers

Answered by Ash042
4

Answer:

Given

The SI on a certain sum of money for 2 years at 14% per annum is 2100.

To find

The compound interest

Using Simple Interest Formula

Let's take principal as "P"

SI = 2,100

T =  2 years

R =   14%

SI =  \frac{PRT }{100}

2100 = P × 14 × 2 / 100

2100 =   \frac{28p}{100}

Using cross multiplication method

28p = 2,10,000

p = 2,10,000/ 28 = 7,500

Since we discovered the value of 'P" we can use compound Interest  formula

Amount = P × ( 1+ \frac{R}{100} ) ^n

A =  7500 × ( 1 + \frac{14}{100}) ^ 2

A =  9747

We Know that

C. I = Amount + Principal

C.I = 9747 + 7,500 = Rs.2247

Therefore, the compound interest on the sum is Rs.2247

Answered by vedanshvishwakarma69
0

Answer:

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