An amount rupees x at compound interest at 20%per annum for 3 years becomes y. What is y:x. COMPOUND INTEREST
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Answer:
y = x(I +2o/loo) 3
y=Xx(120/100)3
y=Xx 1.2^3
y=Xx1.728
y/x=1728 /looo
y: x=1728:looo
= 216:125
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