Question

Find the sum of money which becomes rupees 14520 in 2 years at a compound interest rate of 10% per annum.​

Answer 1

Step-by-step explanation:

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the answer

Answer 2

A=14520 T=2years R=10%

14520=P(1+10/100)2

P=14520×11/10×11/10

P=14520×10/11×10/11

P=120×10×10

P= 12000