Question

The amount on ₹ 10,000 for 2 years at 5% p.a. compouned annually is




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Answer 1

Answer:

Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 5 half-years.

Amount == Rs. 10824.32.

Rs.[10000*(1+2100)4]=Rs.[10000*5150*5150*5150*5150]

C.I. = Rs. (10824.32 - 10000) = Rs. 824.32

Answer 2

Answer: Here:

Amount = ₹ 10,500

Step-by-step explanation:

P = ₹10,000

T = 2 years

R = 5%

A = P ( 100+R/100)

=> ₹10,000 x 105/100       => ₹100 x 105

=>₹10500

Amount = ₹ 10,500 (Answer)

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