The simple interest on a certain sum for 2 years at 10% pet annum is rs 90.the corresponding compound interest is???
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Given,
t = 2years
r = 10%p.a.
SI = p×r×t /100
==> Rs. 90= p× 10× 2/100
==> Rs. 90 ×100/20 = p
therefore, p = Rs. 450
Hence ,the corresponding amount =p+Si
= Rs. (450 + 90)
= Rs. 540
hope this helps....
t = 2years
r = 10%p.a.
SI = p×r×t /100
==> Rs. 90= p× 10× 2/100
==> Rs. 90 ×100/20 = p
therefore, p = Rs. 450
Hence ,the corresponding amount =p+Si
= Rs. (450 + 90)
= Rs. 540
hope this helps....
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