Anu deposited 10000 rupees in a bank which pays 10% interest compoundly annually.How much would he get back after 2 years?
Answers
Answered by
0
given is the deposited amount= rs 10, 000
rate of interest= 10%
Step-by-step explanation:
he will get Rs 10% of 10, 000 after one year
= rs 1000
so the Compound interest after two years he will get Rs 2000
he will get back rs 10, 000- 2000
= Rs 8, 000
Similar questions