Question

Find the compound INTEREST ON THE FOLLOWING
Principal IS 10000
RATE% P• A• IS 12%
Number of years is
2 years​

Answer 1

Step-by-step explanation:

interest for first year

p×r×t/100

10000×12×1/100

1200

amount of first year= principle for second year

10000+1200

11200

interest for second year

p×r×t/100

11200×12×1/100

112×12

1344

amount = 11200+1344

= 12544

c.i = amount- principal

= 12544-10000

= 2544

Answer 2

Answer in refer to the attachment

hope it helps u frnd