Question

If rs.2000 is invested for three years at 10% compound interest per year, then find the compound interest for the third year.​

Answer 1

Answer:

420

Step-by-step explanation:

⇒  A=P(1+100R)T

⇒  A=2000×(1+10010)2

⇒   A=2000×100121

⇒  A=Rs.2420.

∴    C.I.=A−P=Rs.2420−Rs.2000=Rs.420.

PLEASE MARK THE ANSWER AS BRAINLIEST.

Answer 2

420

Step-by-step explanation:

⇒ A=P(1+100R)T

⇒ A=2000×(1+10010)2

⇒ A=2000×100121