Question

find the compound interst on 850
at 10% per for two
year.​

Answer 1

Answer:

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

Answer:

The answer is 179 Rs.

The answer is 179 Rs.= 179 Rs

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

Answer 2

Step-by-step explanation:

P = Rs 850

R = 10% pa

T = 2 years

So, A = P(1+ R/100)^n

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

= Rs (850×11/10×11/10)

= Rs 1028.50

So, CI = A-P

= Rs (1028.50-850)

= Rs 178.50