Question

find the amount of payable and the compound interest on rs 1500 at the rate of 10% compound annually at the end of 2 years​

Answer 1

Answer:

A=p(1+r/100)^n

=1500(1+10/100)^2

=1500(1+1/10)^2

=1500(11/10)^2

=1500*121/100

or, A= ₹1815

CI=A-P

=₹(1815-1500)

=₹315