find the compound interest on ₹10000 for 12 months at 10% per annum
Share
find the compound interest on ₹10000 for 12 months at 10% per annum
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.
Step-by-step explanation:
The answer is given above in the attachment.
Answer:
P=₹10000
T=12month(1year)
R=10%
Step-by-step explanation:
C.I=P{(1+R/100)^n-1}
=10000{(1+10/100)-1}
=10000{(110/100)-1}
=10000(11/10)-1
=10000×11-10/10
=10000×1/10
=₹1000