Question

P =1000 R=10% P.A T=1 Year. Find the compound interest​

Answer 1

Answer:

Compound Interest=100

Step-by-step explanation:

Amount=P(1+R/100)×1

Amount=1100

C.I.= Amount- Principal

C.I.= 1100-1000

CI= 100

Answer 2

Answer:

Rs. 100

Step-by-step explanation:

As given, P = Rs. 1000

R = 10%

T = 1 year

Then, according to the formula of compound interest, Amount = Rs. [ 1000 ( 1+10/100)]

= Rs. (1000×11/10)

= Rs. 1100

Therefore, Compound Interest = A-P

= Rs. 100