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Shankar takes a loan of 10000 at a compound interest rate of 10% per annum find the sum of money required to clean the Dept at the end of 2 years please please please please please please tell me this answer |
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Answer» ong>Answer: Step-by-step explanation: Answer
We use formula : si=p×r×t / 10
P =10000
R=10%
T=1
SI=p×r×t / 100
10000×10×1 / 100. (CUT 0)
100×10
Si= 1000
P=si+p
10000+1000
Si= p×r×t / 100
Si= 11000×10×1 / 100. (Cut 0)
110×10
1100
Ci=si+si
1000+1100
2100
2100×10
21000-10000
12100 |
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