Question

find the amount on a sum of ₹2000, for two years when the interest is compounded annually at 10 p.a.​

Answer 1

A sum of Rs. 2000 at 10% pa for two and a half years, compounded annually

To find:

The amount and compound interest

Solution:

We will use the following of compound interest for 2 and a half years to solve the given problem:

Here we have,

The sum of money, P = Rs. 2000

The rate of interest, R = 10%

Time period, n = years

. A = 2000[1 + +

2541 the amount

. c.i. A - P = Rs.2541

Rs.2000 Rs.541

Thus, the amount is Rs. 2541 and

I llus, ille alliuu11L •S rqs. zoe 1 anu the compound interest is Rs. 541

hope it helps you please mark me as brainliest

Answer 2

Answer:

the upper answer is correct

so mark muskan2039 as brainliest