Math, asked by singhawadheshkumar12, 9 months ago

find ci and amount for 10000 for 2 years at the rate of 12 % per annum compound annually

Answers

Answered by MrBrainlyBrilliant

2

A = ₹12,544

CI = ₹2,544

Step-by-step explanation:

P = ₹10,000 ; T = 2 years ; R = 12%

A = p(1+r/100)^n

= ₹10,000(1+12/100)²

= ₹10,000×112/100×112/100

= ₹ 112 × 112

= ₹ 12,544

Therefore, Amount = ₹12,544

CI = A - P

= ₹(12,544 - 10,000)

= ₹2,544.

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