Question

The compund interest on rupees 5000 at 10% rate per annum for 2 year is
A) rupees 950
B) rupee 1,050
C) rupees 2100
D) rupees 1,000

Answer 1

Answer:1050

Step-by-step exation:

100=5000

121=6050

Answer 2

Answer:

B)1050

Step-by-step explanation:

B) 1050

A=p(1-rby 100)raise to 2

A=5000×11by 10×11by100