Question

find the compound interest on rs 3600 at 100 % per annum for 2 years​

Answer 1

Answer:

The compound interest is rs. 10800

Step-by-step explanation:

P = Rs. 3600

R = 100%

T = 2 years

$CI = P (1 + \frac{R}{100} )^{n} - P \\ = > 3600(1 + \frac{100}{100} ) ^{2} - 3600 \\ = > 3600(1 + 1)^{2} - 3600 \\ = > 3600 \times 4 - 3600 \\ = > 14400 - 3600 \\ = > 10800$

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