.Calculate the compound interest (CI) on Rs.5000 for 2 years at 10% per annum compounded
annually.
Answers
Answered by
1
Step-by-step explanation:
ci=p×r×t/100
=5000×10×2/100
=rs 1000
Answered by
5
Answer:
l 1 =P×R×T /100
= 5000×10%×1 / 100
= RS 500
= 5000+500
= RS 5500
I 2 = P×R×T /100
= 5500× 10% × 1 / 100
= RS 550
= 5500+ 550
= RS 6050
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