Exercise -
27
Find the amount and the compound.
Linterest on Rs 2500 Spar 2 years at 10
Penanam compounded annuelle
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Answered by
2
Answer:
Hii
Here is your answer
Step-by-step explanation:
Principal =Rs.2500
Rate of interest =10%
Time=2years
Amount=P (1+R/100)*n
=Rs.2500 (1+10/100)*2
=Rs.2500 (100+10/100)*2
=Rs.2500 (110/10)*2
=Rs.2500(11/10)*2
=Rs.(2500×11/10×11/10)
=Rs.(25×11×11)
=Rs.(25×121)
=Rs.3025
C.I.=Amount-Principal
=Rs.(3025-2500)
=Rs.525
Hope it helps
Thanks
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