Question

find C.l lf p=1000 R=10% t=2y​

Answer 1

Answer :

C. I = Rs. 210

Explanation :

Given :

• P = 1000
• R = 10 %
• T = 2 yrs

Formulas :

• $A = P ( 1 + R / 100 )^n$
• C. I = A - P

According to the question :

❍ $A = P ( 1 + R / 100 )^n$

=> $1000 ( 1 + 10 / 100 )^2$

=> $1000 ( 110 / 100 )^2$

=> $1000 × 121 / 100$

=> $Rs. 1210$

❍ C. I = A - P

=> $1210 - 1000$

=> $Rs. 210$

So, It's Done !!