1. Find the amount and the compound interest, if the interest is compound yearly.
(b) 2500 for two years at 12% per annum.
(c) 8000 for 3 years at 15% per annum.
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Answer:
C.I.=P[(1+R200)N−1]
(ii) P=Rs.2500,R=20%2=10%
n=4 half-years, find C.I.
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