Math, asked by tejas7883, 5 months ago

Rate% p.a.
Find the compound
Principal
Principal = 10000
Number of years
2
12%

Answers

Answered by Nilaya2

6

Answer:

P=Rs10000

R=10%

T=2

Interest for the 1

st

year =Rs

100

10000×10×1

=Rs1000

Amount after the 1

st

year =Rs10000+Rs1000=Rs11000

Interest for the 2

nd

year =Rs

100

11000×10×1

=Rs1100

Amount after the 2

nd

year =Rs11000+Rs1100=Rs12100

∴ Compound Interest =Rs12100−Rs10000=Rs2100

Step-by-step explanation:

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