Question

find the amount and the compound interest on rs.10000 for 2year at the rate of 10% p.a. compounded annually

Answer 1

Principal = rs. 10000

Rate of interest = 10% p.a.

Time = 2year

Amount = P (1+R/100)^T

Amount = 10000 ( 1+10/100)^2

Amount = 10000 (11/10)^2

Amount = 10000 * 11 * 11 / 10*10

Amount = rs. 12100

Compound interest = Amount - Principal

=12100 - 10000

= rs. 2100

Mark it as brainliest answer...