Question

find the compound interest on rupees 850 at 10% per annum for 2 years​

Answer 1

Answer:

compound interest will be:85 rupees

Step-by-step explanation:

compound interest:850(1+1/10)^2-850

=850×1.21-850

=935-850

=85

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Answer 2

Answer:

The answer is 179 Rs

Step-by-step explanation:

Given data:

Principal(P)  = Rs 850

Rate of Interest(r )  = 10%

Time = 2 years

A = P( 1 + r /100)n  Where  A = Amount  and n = number of years

A = 850(1+10/100)^2

A= 850 x (11/10)^2

A= 850 x 121/100

A = 85 x 121/10

A = 85 x 12.1

A = 1029

Compound interest = 1029 - 850

                                = 179 Rs