calculate the amount and compound interest on rs4000 for 2 years at 10% annum
Answers
Answered by
1
Answer:
Rs. 800
Step-by-step explanation:
S.I. = P×R×T /100
P=4000
T=2YEARS
R=10%
s.i. = 4000×10×2/100
s.i. =800
Answered by
0
Answer:
Amount = Rs 4840
Compound Interest = Rs 840
Step-by-step explanation:
Amount = 4000×( 1 + 10/100 )²
= 4000×( 110/100)²
= 4840
Compound Interest = 4840 - 4000
= 840
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