Question

find the amount and the compound interest on ₹2500 for 2 years at 10% per annum,compounded annually.

Answer 1

Hope it helps you......

Answer 2

$<b >Hey here is your Answer$

Given :-

Principle = rs. 2500
Time = 2 years
Rate = 10%

As we all know that

$a \: = p \: (1 + \frac{r}{100} {)}^{t}$
putting all above values in this equation :-

$a \: = 2500 \times (1 + \frac{10}{100} {)}^{2} \\ \\ a \: = 2500 \times ( \frac{110}{100} {)}^{2} \\ \\ a \: = 2500 \times ( \frac{11}{10} {)}^{2} \\ \\ a \: = 2500 \times \frac{11}{10} \times \frac{11}{10} \\ \\ a \: = 25 \times 11 \times 11 \\ \\ a \: = 3025 \: rs$
so amount = 3025 rs.

Now,

compound interest = amount - principle
= 3025 rs. - 2500 rs.
= 525 rs answer

hope this helps you

### BE BRAINLY ###