Question

Rs 10000 t = 2 years r = 11% find the amount and compound interest​

Answer 1

Compound interest = ₹2100

Amount = ₹12100

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Answer 2

given that -

principle = rs 10000

time = 2 years

rate = 11 %

find that -

amount and c.i = ?

solution-

amount = principle ×( 1+ r/100)^t

=10000× ( 1+ 11/100)^2

=10000×110/100×110/100

= 121,000,000/10000

= 12,100 rs

amount = 12,100 rs

compound interest = amount - principle

= 12,100 -10000

= 2,100 rs

therefore amount and c.i = 12100 and 2100

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