6400 for 2 years at 17.5%step by step explanation compound interest
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Answer:
P = Rs. 6400
n = 2 years
R = 17.5 %
CI = ?1
A = P(1+R/100)^n
= 6400( 1+ 17.5/100)^2
= 6400(1 + 0.175)^2
= 6400(1.175)^2
= 6400 × 1.175 × 1.175
= ₹8836
CI = A-P
8836-6400
CI = ₹2436
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