Question

Find CI on rs 12600 for two year at 100•/• per anuum compounded annually.​

Answer 1

${ \huge \bf{ \mid{ \overline{ \underline{Answer}}} \mid}}$

rs 2646

Answer 2

Correct Question :-

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

AnSwEr

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

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

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

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

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

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

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

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

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

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

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

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

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

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