Question

find compound interest on Rs 12600 for 2 year at 10%per annum compounded annually​

Answer 1

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Here,

P=Rs.12600,R=10,n=2

Therefore,

A=$12600(1+ 10/100 )^2$

=$12600( 11/10 )^2$

=$12600× 11/10 × 11/10$

=Rs.15246

CI =A−P=Rs.15246−Rs.12600=Rs.2646

Hope helps you...

Thanks..