Calculate the amount and compound Interest on Rs.12,500 for 2 years at 10%
per annum compounded annually.
Answers
Answered by
2
Answer:
p= principle = 12500
t=Time = 2 year
rate = 10%
10+10+(10×10/100)
20+1
21% ci
compound interest is 21 % of 12500
is 2625.
amount = principle+ CI = 12500+2625
= 15125
Answered by
104
PRINCIPAL=RS 12500
RATE=10%
TIME=2 YEARS
THEREFORE,AMOUNT=P(1 + R/100)^T
=12500(1 + 10/100)²
=12500{(10+1)/10}²
=12500{11/10}²
=12500 × 11/10 × 11/10
=RS 15125
THEREFORE,CI=AMOUNT‐PRINCIPAL
=RS (15125‐12500)
=RS 2625
ANSWER:–
AMOUNT=RS 15125
CI=RS 2625
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