Question

Find CI on Rs 12600 for 2 year at 10% per annum compounded annually.

Answer 1

on 12600 for 2 year at 10% per

ans 12600*2*10/100=2025

Answer 2

$\large\underline\frak{ Given, }$

$\bullet\large\underline\texttt{ principal(p)=12600}$

$\bullet\large\underline\texttt{ Rate(R)=10}$

$\bullet\large\underline\texttt{ Years(N)=2 }$

$\large\underline\frak{ to Find , }$

$\small\underline\texttt{ Compound \:Interest? }$

$\large\underline\frak{ Formula\: Used}$

$\red{\boxed{\tt{a = p(1 + \frac{r}{100} ) {}^{n} }}}$

$\huge\underline\textsf{Explantion:- }$

$\leadsto\tt12600(1 + \frac{10}{100} ){}^{2}$

$\leadsto\tt = 12600( \frac{11}{10} ) {}^{2}$

$\leadsto\tt12600 \times \frac{11}{10} \times \frac{11}{10} = 15246$

$\leadsto\tt CI = A - P \\ \\\leadsto\tt15246 - 12600 \\\leadsto\tt2646$

$\large\red{\boxed{\bold{Compund \:interest =2646}}}$