4. Tanmoy receives Rs. 6050 after investing some money for 2 years at 10% per
annum compounded annually. Find the actual amount invested by Tanmoy.
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Answer:
₹7260
Step-by-step explanation:
P= 6050
R= 10%p.a
T= 2 years
SI= PxRxT/100
= 6050*10*2/100
= ₹1210
A= P+SI
= 6040+1210
= ₹7260
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