Find the compound interest on 6,000 for 2 years if the rates of interest for the first
and second years are 5% and 10% per annum respectively.
Answers
Answered by
0
Answer:
₹1590
Step-by-step explanation:
amount=principal
Answered by
1
Answer:
P= 6000
T=2 year
R=5%, 10%
CI=?
A=p[1+r/100] [1+r/100]
A= 6000 [1+5/100] [1+10/100]
A= 6000×105/100×110/100
A = 6× 105×11
A = 6930
CI = A-P
CI = 6930-6000
CI= 930
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