Question

the sum of rupees 19200 is invested for 2 years at 10%"perannum compound interest find the intrest for the first year

the amount after 2 years
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Answer 1

Answer:

2323.2

Step-by-step explanation:

compound interest for 1st year will be 1920 (10% of 19200)

compound interest for 2nd year will be 2112 {10% of (19200+1920)=21120}

its further 10% would be the required ans. 2323.2  {10% of (21120+2112)=23232}