Question

Find compound interest if P = 10,000
and A = 12,000.
O O
1200
O O
120
O 200
2000​

Answer 1

Answer:

Here P=12,000 Rs., n=2 years, R=10

Amount(A)=P(1+R/100​)n

                    =12000(1+10/100​)2

                    =12000(11/10​)2

                    =12000×121​/100

                    =14,520 Rs.

Compound interest(C.I)=A−P=14,520−12,000=2520

Hence, the compound interest is Rs. 2,520

Answer 2

Answer:

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