Question

the compound interest for 200 for 2years at the rate of 10 p.c.p.a. is _____​

Answer 1

Answer:

42/-

Step-by-step explanation:

P=200

T=2yrs

R=10%p.a.

CI={P(1+R/100)^T)-P

={200(1+10/100)^2)-200

=(200*11/10*11/10)-200

=242-200

=42/-

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