Find the amount and the compound interest on Rs.2500 for 2years at 10% per annum compound annually
Answers
Answered by
9
ci for 2 year = 10×2+10²/100= 20+1= 21%
so ci= 2500×21/100= 525
and amount will be= principal+ci= 2500+525= ₹3025
so ci= 2500×21/100= 525
and amount will be= principal+ci= 2500+525= ₹3025
Similar questions