Math, asked by arvindkumarprad, 9 months ago

Find the amount and the compound interest on 2000 at 10% pa. for 2 years,
pounded annually. Solve without using formula.

Answers

Answered by rildarmm

1

Answer:

Step-by-step explanation:

amount = P(1+ R/100)^n

= 2000 ( 1 + 10/100 )^2

= 2000 ( (100 + 10)/100)^2

= 2000 x 110/100 x 110/100

amount = 2420 rupees

C.I = amount - principle

= 2420 - 2000

= 2000 rupees

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