Question

principal=rs 100000 rate of interest= 10% time = 2years find simple interest and compound interest​

Answer 1

Step-by-step explanation:

intrest= ptr/100

=100000×2×10/100. (p means principal

=20000. t means time

r means rate)

compound interest(a)= p(1+r/100)t

=100000(1+10/100)2

=100000×121/100

=121000

c= a-p

= 121000-100000

= 21000