the compound interest on rs 5000 at 10% annum for two years is
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Answer:
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Step-by-step explanation:
The compound interest is 21%.
The compound interest is 21%.Explanation:
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yr
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1= 5000[(1.21 - 1)]
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1= 5000[(1.21 - 1)]= 5000 * 0.21.
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1= 5000[(1.21 - 1)]= 5000 * 0.21.= 1050.
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1= 5000[(1.21 - 1)]= 5000 * 0.21.= 1050.So 5000 * x = 1050
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1= 5000[(1.21 - 1)]= 5000 * 0.21.= 1050.So 5000 * x = 1050x = 1050/5000 = 0.21
The compound interest is 21%.Explanation:C.I = P [(1 + r/100)n - 1]P = 5000r = 10%n = 2yrSo, C.I = 5000 [(1 + 10/100)^2 - 1= 5000[(1.21 - 1)]= 5000 * 0.21.= 1050.So 5000 * x = 1050x = 1050/5000 = 0.21x = 0.21 * 100 = 21%.
Answer:
The compound interest is 21%.
Explanation:
C.I = P [(1 + r/100)n - 1]
P = 5000
r = 10%
n = 2yr
So, C.I = 5000 [(1 + 10/100)^2 - 1
= 5000[(1.21 - 1)]
= 5000 * 0.21.
= 1050.
So 5000 * x = 1050
x = 1050/5000 = 0.21
x = 0.21 * 100 = 21%.