Q34 Find amount paid on Rs 12600 for 2 years at 10% per annum compounded annually.
Answers
Answered by
0
Answer: P=Rs.12600,t=2 year,r=10%
C.I.=P(1+
100
r
)
t
C.I.=12600(1+0.1)
2
C.I.=12600×(1.01)
2
C.I.=Rs.12953.26
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Answered by
0
Answer:
Amount paid = 12600 * ( 1 + 10/100) ^2
12,600 * 110/100 * 110/100
= 15,246 Rs.
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