Question

rs 7500 is invested at 5% compound interest for 2 years. the interest for the second year is ​

Answer 1

for the first year the intrest is 375

and for the second year intrest is 393.75

for second year intrest is charge on 7500 plus 375 equal to 7875

7875 into 5 devide by100

Answer 2

Answer:

A=P(1+100R)T

P=Rs. 7500,R=10%,T=3 years

A=7500(1+10010)3

A=7500×100110×100110×100110

A=1075×121×11

A=Rs.9982.50

For 2 years

A=7500(1+10010)2

A=7500×100110×100110

A=75×121

A=Rs.9075

Compound interest for third year = Rs. 9982.50−9075=907.50Rs.

Hence, option A.