Question

find CI on rupees 15000 for 2 year at 10% annum compunded ​

Answer 1

Answer:

Step-by-step explanation:

# Given - P = 15000 Rs. r = 10 % per annum. t = 2 years.

# Solution - Compound interest over sum p is given by formula - CI = P [(1+r)^t - 1] CI = 15000 [(1 + 10/100)^2 - 1] CI = 15000 [(1+0.1)^2 - 1] CI = 15000 [1.1^2 - 1] CI = 15000 [1.21 - 1] ...

CI = 3150 Rs. Therefore, compound interest is 3150 Rs.

Answer 2

Step-by-step explanation:

Given - P = 15000 Rs. r = 10 % per annum. t = 2 years.# Solution - Compound interest over sum p is given by formula - CI = P [(1+r)^t - 1] CI = 15000 [(1 + 10/100)^2 - 1] CI = 15000 [(1+0.1)^2 - 1] CI = 15000 [1.1^2 - 1] CI = 15000 [1.21 - 1] ...CI = 3150 Rs. Therefore, compound interest is 3150/-