Question

The compond intrest on 9000 investet for 2 years at rate 10 p.c.p.a
plz tell me answer ​

Answer 1

Principal (P)=rs.9000

Rate(R)=10 p.c.p.a

Time (T)=2 years

Simple Interest=?

S.I =P×R×T/100

=9000×10×2/100

=rs.1800

(Therefore the compound interest is rs.1800)

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