2500 ka 5% rate se 2 year ka C.I. hoga
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Concepts Used :-
1) Formula to calculate compound interest
=> CI=P[(1+R/100)^n-1]
CI=>Compound Interest
P=>Principal
n=>conversion periods
R=>Rate of interest
1) Formula to calculate compound interest
=> CI=P[(1+R/100)^n-1]
CI=>Compound Interest
P=>Principal
n=>conversion periods
R=>Rate of interest
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Premkushwaha:
wrong
Pls tell what is the error
CI=(1+r/100)n
We know that A=P(1+R/100)^n . And we also know that CI=A-P. Substituting the values :- P(1+R/100)^n-P . Now taking P as common we get:- CI=P[(1+R/100)^n-1]
right answer
Thanks
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