Elo Calculate the compound untrest
Con to 4000 in 2 years, if the rate of
intreet for succesive yearl is St. and
7 4. respectively
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Answered by
0
Answer:
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Step-by-step explanation:
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Answered by
0
Step-by-step explanation:
Principal = (P) = ₹4,000
Time (t) = 2 years
Rate (R1) = 10% and rate (R2) = 15%
Amount = P (1 + (R1/100)) (1 + (R2/100))
= ₹ 4,000 (1 + (10/100)) (1 + (15/100))
= ₹ 4,000 × 11/10 × 23/20 = ₹5060
C.I. = Amount – Principal
= ₹5060 - ₹4000 = ₹1060
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