Question

find the compund interest and amount if P = 10000, R = 10% per annum compounded quarterly and T = 1 years ​

Answer 1

Answer:

given

P = 10,000, R = 10% per annum,T=1 years

C=SI (for 1st year)

SO,

I=(PRT)/100

=10000 *10*1/100

I =Rs.1000.00

amount=principal+i

             A=10,000+1000=Rs.11000.00