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Cl on Rs.15000at the rate of 10% p.a for 2years
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Answer:
For compound interest, firstly we will find amount so the formula to find the anount is
A=P(1+r/100)^n
A=15000(1+10/100)^2
A=15000(1+1/10)^2
A=15000×11/10×11/10
A=18150
Now,CI=A-P
CI=18150-15000
CI=3150
Thus,the CI is Rs.3150
Explanation:
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