Question

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.​

Answer 1

Answer:

₹1590

Step-by-step explanation:

amount=principal

Answer 2

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