Question

find the amount and compound interest on rupees 12000 in 2 year at 10 % per annum​

Answer 1

Answer:

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

Amount(A)=P(1+100R)n

=12000(1+10010)2

=12000(1011)2

=10012000×121

=14,520 Rs.

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

Hence, the compound interest is Rs. 2,520

Answer 2

Step-by-step explanation:

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