find the amount on principle Rs. 1000 at 10%p.a. for 2 years is a. Rs. 190 b. Rs. 210 c. Rs. 1219 d. Rs. 200 ​

Question

find the amount on principle Rs. 1000 at 10%p.a. for 2 years is
a. Rs. 190
b. Rs. 210
c. Rs. 1219
d. Rs. 200 ​

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Alexandra 1 month 2021-08-17T09:28:28+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-08-17T09:29:57+00:00

    Answer:

    can’t understand your question

    0
    2021-08-17T09:30:06+00:00

    Answer:

    if simple interest rates are given,

    the interest should be 1000×2×10/100= 200 rupees

    and the amount will be 1200 rupees

    but if compound interest rates are given,

    the interest will be (1000×1×10/100)+(1100×1×10/100)

    =210 rupees

    therefore the amount will be 1210 rupees.

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