Question

the C.I on rs. 2000 t 10% rate of interest p.a. for 2 years is​

Answer 1

Answer:

A=P(1+

100

R

)

T

⇒ A=2000×(1+

100

10

)

2

⇒ A=2000×

100

121

⇒ A=Rs.2420.

∴ C.I.=A−P=Rs.2420−Rs.2000=Rs.420.

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