Question

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

Answer 1

P = 12600
T=2yr
R%=10%
C. I. =, P(1+R/100)2-1
C. I=12600(1+10/100)2-1
C.I.=12600(11/10)2-1
C.I.=12600(121/100)-1
C.I=12600(121-100/100)
C.I=12600(21/100)
C.I.=12600*21/100
C.I.=126*21
C.I=2646

Answer 2

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Refer the attachment.