Question

find the compound interest of rupees 5000 for 2 years at 10% per annum.(use simple interest formula)

Answer 1

Answer:

Step-by-step explanation:S.I.=PRT/100

= 5000×10×1/100=₹500

Principal after one year is equal to ₹5000 +₹ 500 = ₹5500

S.I. =. PRT /100

5500× 10× 1/100= ₹ 550

Therefore , simple Interest after two years is equal to C.I.

So,C.I. is equal to ₹550

Answer 2

Answer:

Step-by-step explanation:

Hope this helps you@@@@$$#++?