Question

Sudha takes a loan of rupees 10000 at the compound interest at the rate of 10% p.a. Find the compound interest after one year .

Answer 1

P = 10000
R = 10
T = 1

C.I. = P(1+r/100)t
= 10000(1+ 10/100)1
= 11000

Answer 2

p=10,000 t=1 r=10%
c.p.i=p (1+r by 100)^n
=10,000 (1+10 by 100)^1
=10,000×11 by 100
=1100
hope it help u. ..