Question

compound interest for sum of money for 2 years at 10% per annum compounded annually is 315 rupees find the SI for the same rate for the same period

Answer 1

It is your answer If you like please mark as brainliest

Answer 2

1st year
=time =1
=rate =10%
principal =315

CP= 315×10×1
_____________ =31.5
100
the principal of 1year 315+31.5 amount

principal of second year=346.5

time=1year
rate =10%
principal =346.5

cp= 346.5×10×1
___________=34.65
100
total cp= 1st interest+2nd interest =31.5+34.65=65.70
amount =315+65.70
=380.70

As the same rate of SI
= P×R×T
_____
100

= 380.70×10×2
____________ =76.14 ans...
100