3) The interest on Rs. 5600 at 6%p.a for 1 year will be
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Answer:
Principal (1+Rate100)Time
= Rs. [5600(1+10100)112]
= Rs. [5600(1+10100)×(1+12×10100)]
= Rs. (5600×1110×2120 = Rs.6468
∴ Compound interest
= Rs. (6468 - 5600) = Rs. 868
Answered by
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Answer:
Step-by-step explanation:
Interest =
=Rs 336
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