Question

Calculate the compound interest on 18.000 at
10% per annum in two years.​

Answer 1

Answer:

Refer The Attachment...

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Answer 2

Answer:

[GIVEN]:- (I) Principal = Rs. 18,000

(ii) Rate % = 10%p.a.

(iii) Time = 2years

[TO FIND] :- Compound Interest

[SOLUTION] :-

FORMULA: A=P(1+r/100)n

A= 18,000(1+10/100)2

A= 18,000 (1+1/10)2

A= 18,000(1+10/10)2 by taking the L.C.M.of 1 and 10.

A=18,000(11/10)2

A=18,000x11/10x11/10

A= 180x11x11

Therefore, A= Rs. 21,780

Now,as amount = Rs. 21,780

C . I .= Rs. 21,780 - Re.1

Therefore C . I .= Rs. 21,779

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