Question

find CI for Rs 2000 @ 5percent p.a for 1 year. if compounded quantity ​

Answer 1

Answer:

For the first year, P=Rs.2000,R=5%

so, I =

100

P×R×T

=

100

Rs.2100×5×1

=Rs.105

The amount after the second year =Rs.2100+Rs.105

=Rs.2205

Final amount =Rs.2205

Hence, Compound Interest = final amount - original amount

=Rs.2205−Rs.2000=Rs.205

Answer 2

Answer:

$2100 \\ hope \: its \: help \: you$