Question

Find compound interest on rs.12600 for 2 years at 10% per annum compunded anually

Answer 1

Amount = P [ 1 + r% ]ⁿ

           = 12600 [ 1 + 1/10]²

           = 12600  x 11/10  x 11/10

           = 15246

CI = 15246 - 12600 = 2646

Answer 2

$\huge\bf{Answer:-}$

Refer the attachment.