Question

found the compound interest on rupees 2500 at 10% per annum for 5 by 2 years compounded annually​

Answer 1

Answer:

Give,

Principal = 2500

Rate = 10%

Time =5/2

we know,

A=P (1+r/100)2n

A = 2500(1+10/100)2×5/2

A=2500(11/10)5. (2/2 get cancel)

2500×11/10×11/10/11/10×11/10×11/10

we get,

= 2500×161051/100000

Amount=40262.75

C.I. = A_P

= 40262.75 _ 2500

C.I = 37762.75.

Answer 2

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