Question

Shankar takes a loan of 10000 compound interest rate of 10% per annum find the sum of money required to clean the dept
at the end of 2 years ​

Answer 1

Answer:12100

Step-by-step explanation:

Take 10000 as P

10% as R

2 as N

And formula is

A= P(1+R/100)N

Answer 2

Step-by-step explanation:

principal = 10000

rate = 10%

time = 2 yrs

Amount = p(1+r/100)n

= 10000(1+ 10/100)2

= 10000*110/100*110/100

= 12100 Answer