Question

CALCULATE THE AMOUNT AND COMPOUND INTREST IN EACH OF THE FOLLOWING:
p = 1000 , R = 10% p.a , T = 2 years.

Answer 1

Answer:

₹1210 ; ₹210

Step-by-step explanation:

Amount = P(1+R/100)ⁿ

P = Rs. 1000

R = 10%

n = 2 years

Putting the values , we get :

$a \: = 1000(1 + \frac{10}{100}) ^{2} = 1000 \: \times (1.1)^{2} = 1000 \times 1.21 = rs. \: 1210$

A = ₹1210

CI = A - P

CI = ₹(1210 - 1000) = ₹210

Answer 2

Answer:

See the above picture

here is your answer.........