find the interest on Rs 1000 for 2 years at 15 percent annum
Answers
Answered by
0
Answer:
Here, Principal P = Rs. 1000
R =10% per annum and n=2 years
∴ Amount after 2 years = P (1+
200
R
)
2n
= Rs. 1000×(1+
200
10
)
2×2
=Rs.1000×(1+
20
1
)
4
=Rs.1000×(
20
21
)
4
= Rs.1000×
20
21
×
20
21
×
20
21
×
20
21
=Rs.1215.50
Hence, compound interest = Amount - Principal
=Rs.1215.50−Rs.1000=Rs.215.50
Answered by
0
Answer:
S.I. = 300
Step-by-step explanation:
S.I. = P x T x R ÷ 100
S.I. = 1000 x 2 x 15 / 100
S.I. = 10 x 2 x 15c
S.I. = 30 x 10
S.I. = 300
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