9. Find the compound interest on a sum of Rs. 10000 at 4% per annum for 3 years
compounded annually.
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Answer:
SI= PRT/100
P= ₹ 10,000
R= 4%
T= 3 yrs
SI= 10,000×4×3/100
=1200
∴SI=₹ 1200
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