No.7 Q7. Find the amount and compound interest on Rs. 13500 for 2 years 6 months at 10% per annum compounded annually. Share with your friends Share 3 Neha Sethi answered this Dear student Principal amount,P=Rs 13500Rate of interest,R=10%Time,n=2 years 6 months=212 years =52 yearsThe formula for the amount including the compound interest is :Amount,A=P1+R1002×1+12×R100=135001+101002×1+12×10100=135001+1102×1+5100=1350011102×105100=Rs 686074=Rs 17151.75So, Compound interest=Amount-Principal=Rs 17151.75- Rs 13500=Rs 3651.75 Regards 9 View Full Answer Kanimozhi answered this i will not tell it is easy -2 Kushaghra answered this sorry 3 Pranay answered this Ans is rs. 35927.52 -1
