Question

Find the compound interest on rupees 12600 for 2 years at 10% per annum compounded annually

Answer 1

A = p [ 1+ r/100]^T

=12600[1+10/100]^2

=12600[11/10]^2

=12600×11/10×11/10]

=rupees 15,246

C.I =Amount - principal

"=rs 15,246- 12600

"=rs 2,646 (Ans)

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Answer 2

$\huge\bf{Answer:-}$

Refer the attachment.