Question

calculate the compound interest on 6000 Rs at 10%per anjum for two years

Answer 1

ⓗⓔⓨ ⓕⓡⓘⓔⓝⓓ

ⓗⓔⓡⓔ ⓘⓢ ⓨⓞⓤⓡ

ⓐⓝⓢⓦⓔⓡ


Amount =


$p \times (1 + \frac{r}{100} ) {}^{n}$


$6000 \times (1 + \frac{1}{10} ) {}^{2}$



$6000 \times \frac{11}{10} \times \frac{11}{10} = 7260$


so, the amount is 7260.


Now , C.I = Amount - Principal

= 1260/-


Hope it helps you


$<marquee > prabhudutt$

Answer 2

Answer:

1260.

Step-by-step explanation:

• Principle = 6000
• Rate = 10%
• Time = 2 years.

Amount = P[1+r/100]ⁿ

              = 6000 [ 1 + 10/100]²

              = 6000 x 121/100  = 7260

CI = A - P = 7260 - 6000 = 1260.