1) Find the amount for the following given data
Q = sum = Rs 5000 Rate of interest 10% , time = 3 years , compounded anually
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Step-by-step explanation:
WRITE - 5000 INSTEAD OF 4000
AND WRITE - 10% INSTEAD OF 5
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Commound Annually is 1655
Step-by-step explanation:
principal ₹5000
rate 10%
time 3 years
using a Amount formula
principal×[1+R%/100]whole cube
5000 ×110/100×110/100×110/100
Amount =6655
C.I = Amount - principal
C.I = 6655-5000
C.I = ₹1655
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