Question

find the compound interest and the total amountafter 4 year and 6 monthif the interest is compounded annually.. principal principal = 100000 rupees
rate of interest 10% per annum

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Answer 1

Answer:

MATHS

Find the compound interest on Rs. 100,000 for 2 years, compounded annually at 10% per annum.

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ANSWER

Principal =100,000

t=2 years

r=10% per annum

A=P(1+ 100r ) T

⇒ A=100000×(1+ 10010 ) 2

⇒ A=100000×100121

⇒ A=Rs.1,21,000

⇒ C.I.=A−P=Rs.1,21,000−Rs.1,00,000=Rs.21,000