Find the amount and compound intersts on 3000rs for 2years at 10% per annum
Answers
Answered by
1
compound interest
formula=p(1+r/100)^n- p
now use this formula
and find compound Interest
CI=3000
(1+10/100)^2-3000
=3000x121/100-3000
=3630-3000=630 Rs
formula=p(1+r/100)^n- p
now use this formula
and find compound Interest
CI=3000
(1+10/100)^2-3000
=3000x121/100-3000
=3630-3000=630 Rs
abhi178:
please take brainliest
Answered by
1
formula - A=P(1+R/100) whole power n
P=principle amount
A=total amount
R=rate of interest
n=no.of years
answer, 3000(1+10/100)power 2
=3033.3
P=principle amount
A=total amount
R=rate of interest
n=no.of years
answer, 3000(1+10/100)power 2
=3033.3
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