find the amount on the sum of 2000 for 2 years when compounded annually 10% p.a.
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Answered by
0
Answer:
Therefore the answer is 420
Step-by-step explanation:
⇒ A=P(1+ 100 R) T
⇒ A=2000×(1+ 100/10) 2
⇒ A=2000×
100
121
⇒ A=Rs.2420.
∴ C.I.=A−P=Rs.2420−Rs.2000=Rs.420.
Hope it helps!!
Answered by
0
principal=2000
rate=10℅
time=2 years
S.I = 2000*10/100*2
=400
AMOUNT=2000+400
=2400
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