Question

Find Cl on Rs. 12,600 for 2 years at 10% per annum compounded anually.​

Answer 1

Step-by-step explanation:

Principal, P = ₹12,600

Time, n = 2 years

Rate, R = 10%

Amount = P(1 + R/100)^n

= 12,600(110/100)²

= 12,600 × 11/10 × 11/10

= 126 × 121

= ₹15,246

C.I = A - P

C.I = 15,260 - 12,600

C.I = ₹2,646

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Answer 2

Step-by-step explanation:

A =

$p(1 + \frac{r}{100} ) {}^{n}$

A=

$12600(1 + \frac{10}{100} ) {}^{2}$

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

$12600 \times \frac{121}{100}$

$126 \times 121$

A= 15256

Ci= 15256-12600