Math, asked by kachharamanali, 1 year ago

the present value rupees 10000 due in 2 years at 5% per annum compound interest when the interest is paid on yearly basis is.The correct answer is 9070 but pleaazzz anyone tell me how to solve it even im not understanding question.....​

Answers

Answered by neeraj1251
3

Answer:

Amount=11025 ₹, CI=1025₹

Step-by-step explanation:

Principal=10,000

Rate=5% per annum

Time= 2 years

Amount=?

CI=?

amount = p(1 +  \frac{r}{100} ) {n}^{}

=10000(1+5/100)^2

=10000(1+1/20)^2

=10000(21/20)^2

=10000×21/20×21/20

=25×21×21

=11025₹

CI=Amount-principle

=11025-10000

=1025 ₹

Answered by windyyork
0

There will be Rs. 1025 as compound interest.

Step-by-step explanation:

Since we have given that

Principal = Rs. 10000

Time = 2 years

Rate of interest = 5%

So, We need to find the "compound interest":

A=P(1+\dfrac{r}{100})^n\\\\A=10000(1+\dfrac{5}{100})^2\\\\A=10000(1+0.05)^2\\\\A=10000(1.05)^2\\\\A=11025

So, Compound interest = Amount - Principal

CI=11025-1000\\\\CI=Rs.\ 1025

Hence, There will be Rs. 1025 as compound interest.

# learn more:

Find the compound interest on rupees 10000 for 1 years at 10% per annum if the interest is compounded half- yearly.

https://brainly.in/question/3879588

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