Find the amount & compound interest on rupees 10000 in 2 years if the rate of interest for the successive years are 20 percent and 10 percent respectively
Share
Find the amount & compound interest on rupees 10000 in 2 years if the rate of interest for the successive years are 20 percent and 10 percent respectively
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Principal (P) = ₹ 10,000
Time (t) = 2 Years
Rate = (R1) = 10%
Rate = (R2) = 20%
Amount = P (1 + (R1/100)) (1 + (R2/100))
= ₹ 10,000 × (1 + (10/100)) (1 + (1 + (20/100))
= ₹10,000 × 11/10 × 6/5 = ₹4545
C.I. = Amount – Principal
= ₹ 15,180 - ₹10,000 = ₹5455
Answer:
nope!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
anyway I think you are not interested #lala ;xd