Question

principal 10000 rate percent 12 numbers of year 2

Answer 1

⚡Hey mate⚡

✨Here is your answer✨

If you want to take simple interest then

Price = 10000
Rate = 12
Time = 2

Simple interest = price × rate × time ÷ 100

Simple interest = 10000 × 12 × 2 ÷ 100

Simple interest = 2400

2 years simple interest is 2400 rupees and total amount after 2 years is 10000 + 2400 = 12400 rupees.


2nd - :

If you want to take compound interest

Then

Price = 10000
Rate = 12
Time = 2 years

1st year intrest is


Interest = price × rate ÷ 100

Interest = 10000 × 12 ÷ 100

Interest = 1200

Interest after one year is 1200 rupees

Total ammount = 10000 + 1200

Total ammount =11200

2nd year intrest

Interest = price × rate ÷ 100

Interest = 11200 × 12 ÷ 100

Interest = 1344

Interest after 2nd year is 1344 and

total ammount is 11200 + 1344 = 12544

Compound interest is 2544 because principal before calculation is 10000 and now principal is 12544 it means that compound interest is 2544 rupees.


I hope it's helpful for you. Thank you ❤️❤️

Answer 2

Answer:

A = p (1+r/100)n

= 10000(1+12/100) n

= 10000(100+12/100) 2

= 10000×112/100×112/100)

= ₹ 12544

C. I. = A-P

= ₹ 12544 - ₹ 10000

= ₹ 2544