Math, asked by jamadarrehan390, 1 month ago

*Rs. 52000 amounts to Rs. 57600 at 10% rate compounded anually in 2 years. Find the compound interest?*

1️⃣ ₹ 2000
2️⃣ ₹ 50000
3️⃣ ₹5600
4️⃣ ₹ 52600​

Answers

Answered by RameshChandraJoshi
16

Answer:

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Attachments:
Answered by RvChaudharY50
6

Correct Question :- Rs.52000 is deposited at 10% rate compounded annually for 2 years. Find the compound interest ?

Solution :-

we know that, when rate is compounded annually ,

  • Amount = P[1 + (R/100)]^T

putting values we get,

→ A = 52000 * [1 + (10/100)]²

→ A = 52000 * [1 + (1/10)]²

→ A = 52000 * (11/10)²

→ A = 52000 * (121/100)

→ A = 520 * 121

→ A = Rs.62920

therefore,

→ CI = A - P

→ CI = 62920 - 52000

→ CI = Rs.10,920 (Ans.)

Note :-

(If you have written correct values , you can find compound interest directly by subtracting Principal from amount , as both values are given.

  • CI = 57600 - 52000 = Rs.5600 )

Learn more :-

*What is the amount for Rs. 10000 by compound interest at 8% rate for 2 years?*

1️⃣ ₹ 5000

2️⃣ ₹ 11664

3️⃣ ₹ 15664

4️⃣ ...

https://brainly.in/question/37827107

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