Question

Suppose a invest 1 lakh at 18% per year compound interest what sum will a get back after 10 years? Give Ur answer up to 2 decimals places

Answer 1

Answer:

45.6 thousand

Step-by-step explanation:

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Answer 2

Answer:

Question: Suppose I invest Rs 1 lakh at 18% per year compound interest. What sum will I get back

after 10 years? Give your answer upto 2 decimal places.

Answer: C.I. + P = P

1

100

n

  r

    

Amount after 10 years

10

5 18 10 1

100

 

     

 

 

10

5

10

118

10

100

   

5

10

  10 1.18 5

  5.233835 10

= 5,23,383.55 Rs.