Math, asked by rr0542602, 8 months ago

find compound interest on Rs.7000 for 2 years at 10% per annum

Answers

Answered by debimukh

3

Answer:

₹1470.

Step-by-step explanation:

A = P ( 1 + R/100) exponent t

= 7000 ( 1 + 10/100 ) ²

= 7000 × 11/10 × 11/10

= 7000 × 121/100

= 121 × 70 = 8470.

Compound Interest = 8470 - 7000 = 1470.

Answer = ₹1470.

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