Question

if the compound interest at 10 % per annum is 32 ruppes then what is the sum of the second year
options :
a) 1000 rupees
b) 1188 rupees
c) 1200 rupees
d) 1320 rupees ​

Answer 1

Answer:

Let the principal at the end of first year be Rs. x.

Then

100

x×10×1

=1320

or x=13200

Now, let the original principal be Rs. P.

Then, the amount after 1 year =P+

100

P×10×1

=

10

11P

10

11P

=13200

or P=(

11

13200×10

)=Rs.12000

Answer 2

answer of this 1200 rupees