akhil deposited Rs 3500 with a company at 15% per annum for 2 years at a compound interest. The interest he received at the end of 2 years .
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P=3500
r=15
t=2
For first year= prt/100
=3500*15*1/100
= 525
a= 3500+525
= 4025
For second year=prt/100
=4025*15*1/100
=603.75
therefore the answer is RS 603.75
r=15
t=2
For first year= prt/100
=3500*15*1/100
= 525
a= 3500+525
= 4025
For second year=prt/100
=4025*15*1/100
=603.75
therefore the answer is RS 603.75
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