Question

Find compound interest on ₨13,000 for 2 years at 10% per annum compounded annually.​

Answer 1

Step-by-step explanation:

given

p = rs 13000

t = 2 years

rate = 10 %

solution -

for including c.i we have to find amount

amount = p ( 1 + r/100)^t

= 13000( 1+10/100)^2

= 13000× ( 11/10)^2

= 13000×121/100

= 15,730

now , c.i = amount - principle

= 15730- 13000= 2,730 rs

i hope its help you

Answer 2

Step-by-step explanation:

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