Question

Find the amount if Rs. 10,000 is invested at 10% p.a. for 2 years when compounded annually?

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Answer 1

Answer:

principal = 10,000

Rate of Intrest 10%

Time=2 year

firstly find amount which is = I00x121 = 12100

compound Intrest = Amount - Principal

12100-10,000 = 2100

2100 Ans hope this helps you please mark as brainllist thnx

Answer 2

Answer:

Rs. 12100

Step-by-step explanation:

ATQ,

P= rs 10,000

T= 2y

R = 10℅p.a.

as we know ..

A=P×( R/100 ) ^T

A=10,000×(10/ 100 ) 2

A=10,000×( 11/ 100 ) 2

A= (100×11) 2

A= (1,100) 2

A= Rs. 12100

therefore C.I.= A-P= ₹ 12,100 - ₹ 10,000

₹ 2,100 is the ans