Question

Joseph deposited rs 15000 in abank at the rate of intrest 10 % .rafeeq deposited 15000 rs in another bank at the rate of intrest 10% compound intrest .after 2 year how much amount would Joseph get back ?
​

Answer 1

Answer:

hryridortist j e j is hbx

Answer 2

Answer:

For first two years,

P=15,600

T=2

R=10%

∴S.I=

100

PTR

=

100

15600×2×10

=Rs3120.

For next two years,

P=(15600+3120)

=18720

T=2

R=10

⇒S.I=

100

18720×2×10

=Rs 3744.

SinceRs 3744 is earned in 3

rd

and 4

the

year combined, interest only in 4

the

year =

2

3744

=Rs.1872

Step-by-step explanation:

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