Question

what sum of money will amount to 36320in 2years at 10percent per annum compound interest.​

Answer 1

Answer:

36320=P(I +10/100) 2

P =36320/(I +10/100) 2

= 36320x100x100/110x110.

=Rs30016

Cl=Rs6304

Answer 2

Step-by-step explanation:

Given:

Principle=36320rs

Time=2years

Rate= 10%

To find annum compound interest

I = P × R × T/100

I = 36320×10×2/100

I = 7264rs

Interest is 7264rs

I hope you will understand..

ask again if u have doubts