Question

Find the compound intrest on 5000rs
for Rs. For 2 years at 10 % per annum,​

Answer 1

Answer:

1000

Step-by-step explanation:

if P =5000

R=10%

N=2 & I=?

then

I = PRN

100

= 2×5000×10/ 100

=1000

Answer 2

A = 5000( 1 + 10/100) ^ 2
A = 5000 ( 1 + 1/10 ) ^ 2
A = 5000 ( 121 / 100 )
A = 50 * 121
A = ₹6050

C.I = A - P
C.I = 6050 - 5000
C.I = ₹1050

Ans. ₹1050 is compound interest