Question

calculate the compound interest for 2years at the rate of 10% while the principalamount is 10000​

Answer 1

Answer:

I know but I am not sure so may be later sorry

Answer 2

★ Given :

$\bf P = Rs10000$

$\bf R = 10\%$

$\bf T = 2$

★ To find :

$\bf Compound \: Interest \: [C.I]$

★ Solution :

Interest for the 1st year

$\bf ⟶ Rs \: \large {\frac{ 100 \cancel{00} \times 10 \times 1}{ 1 \cancel{00}}}$

$\bf ⟶ 100 \times 10 \times 1$

$\bf ⟶ Rs1000$

Amount after the 1st year

$\bf ⟼ Rs10000 + Rs1000 = Rs11000$

Interest for the 2nd year

$\bf ⟶ Rs \: \large{\frac{ 110 \cancel{00} \times 10 \times 1}{ \cancel{00}}}$

$\bf ⟶ 110 \times 10 \times 1$

$\bf ⟶ Rs1100$

Amount after the 2nd year

$\bf ⟼ Rs11000 + Rs1100 = Rs12100$

★ Compound Interest

$\bf ⟹ Rs12100-Rs10000=Rs2100$