Question

please help me it's urgent​

Answer 1

Answer:

principal =₹10000

rate of interest =10%

time =2yrs

simple interest =principal ×time ×rate of interest/100

=10000×2×10/100=₹2000

amount =SI +principal =2000+10000=₹12000

compound interest:

simple interest for first year=10000×1×10/100=₹1000

amount at the end of first year =1000+10000=₹11000

principal for second year =₹11000

simple interest for second year =11000×1×10/100=₹1100

amount for second year =11000+1100=₹12100

compound interest =12100-10000=₹2100

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