Find the compound amount and compound interest of principal Rs 10000 for 2 years at the rate of 6% p.a without using formula.

Question

Arun · Answer

Dear student for 1 st year 10000* 6/100 = 600 ₹ now for second year 10600 * 6/100 = 636 ₹ hence compound interest = 600 + 636 = 1236 ₹ compound money = 1000 + 1236 = 2236 ₹

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Find the compound amount and compound interest of principal Rs 10000 for 2 years at the rate of 6% p.a without using formula.

Find the compound amount and compound interest of principal Rs 10000 for 2 years at the rate of 6% p.a without using formula.

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Find the compound amount and compound interest of principal Rs 10000 for 2 years at the rate of 6% p.a without using formula.

Find the compound amount and compound interest of principal Rs 10000 for 2 years at the rate of 6% p.a without using formula.

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