Question

Find the total amount and total interest after two years if the interest is compounded annually. Principal =₹2500 Rate of interest 10% 10, percent per annum Total amount = =equals ₹ Total interest = =equals ₹

Answer 1

Step-by-step explanation:

A = amount

p = principal = 2500 RS

t = time = 2 years

r = rate = 10 %

then

A = p ( 1 + r/100) ^ t

A = 2500 ( 1+10/100) ^ 2

A= 2500 ( 11/10) ^ 2

A = 25*121

A= 3025 RS

interest = amount - principal

= 3025-2500 = 525 RS

Answer 2

Answer:

principal=2500

interest=10%

total amount=3025

total interest=525

Step-by-step explanation:

easy answer