calculate the amount and compound interest on rupees 10000 rate 5% time 2 years compounded annually
pls answer fast
will be a brainlist
Answers
Answered by
3
Step-by-step explanation:
Compound interest,
[10000 X 5 X 2]/100
=100 X 5 X 2
=1000
Amount=1000
10000-1000=9000
Simple interest=9000
Answered by
23
- ➙ Principle = Rs.10000
- ➙ Rate = 5 %
- ➙ Time = 2 years
- ➙ Compounded = Annually
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- ➙ Compound Interest = ?
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✧ Formula Used :
⧪ Here :
- ➳ C.I = Compound Interest = ?
- ➳ P = Principle = Rs.10000
- ➳ R = Rate = 5 %
- ➳ T = Time = 2 years
✧ Finding the Compound Interest :
✧ Therefore :
❝ Compound interest is Rs.1025 . ❞
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