Question

the compound interest on 2400 rs. compounded annually for 2 years at the rate of 10% per annum is​

Answer 1

Answer:

I hope this will help you

Answer 2

• A=P(1+R÷100) raise to no. of years
• A=2400(1+10÷100) raise to 2
• =2400(110÷100) raise to 2
• =2400(11÷10) raise to2
• =2400×11÷10×11÷10
• =24×11×11
• =2904 rs

• compound interest = amount - principal
• =2904-2400

=504 rs.