Question

the compound interest in rs 600 at 10 percent p.a. for 2 years would be​

Answer 1

Principal=Rs.600

Rate=10%p.a

Time=2 years

Amount= Principal×[ 1+R/100]^2

600×[1+10/100]^2

600×[110/100]^2

600×11/10×11/10

=>Rs.726

Compound interest=Amount - Principal

= Rs. (726-600)

=Rs.126

Hence,Compound Interest=Rs.126

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Answer 2

Step-by-step explanation:

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