Question

3. Find the C.I on that sum for 2 years at 6.5% p.a which produces a S.I of
Rs 5200 for the same period of time at the same rate of interest.
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Answer 1

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

Interest for 1st yr = 5200×6.5×1÷100= 338

Amount = 5200+338 = 5538

Interest for 2nd yr = 5538×6.5×1÷100= 359.97

Amount = 5538 + 359.97 = 5997.97