Question

FIND THE AMOUNT AND THE COMPOUND INTEREST ON RS2500 FOR 2 YEARS COMPOUNDED ANUALLY, THE RATE OF INTEREST BEING 6% DURING THE SECOND YEAR.​

Answer 1

$\huge\bigstar\mathfrak\blue{\underline{\underline{SOLUTION}}}$

Given,

Principal= 2500Rs.

Time= 2 years

Rate= 6%

Amount= ?

C.I.= ?

So, using formula of Compound Interest

$A = P(1 + \frac{R}{100} ) {}^{T} \\ \\ = > A= 2500(1 + \frac{6}{100} ) {}^{2} \\ \\ = > A = 2500(1 + \frac{3}{50} ) {}^{2} \\ \\ = > A= 2500( \frac{50 + 3}{50} ) {}^{2} \\ \\ = > A =2500 ( \frac{53}{50} ) {}^{2} \\ \\ = > A = 2500 \times \frac{53}{50} \times \frac{53}{50} \\ \\ = > A= 53 \times 53 = Rs.2809$

Amount= Rs.2809

Now, Compound Interest

=) C.I= Amount- principal

=) C.I= (2809- 2500)Rs.

=) C.I= Rs.309

Hope it helps ☺️

Answer 2

Answer:

sis

Step-by-step explanation:

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