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QUESTION : Calculate the amount and the compound interest on:
ii) Rs.20000 in 2 1/4 years at 10% per annum
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Step-by-step explanation:
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Therefore, Amount
A=20000(1+20100)2=20000(3625) = Rs. 28,800. Compound Interest C.I. = Amount - Principal = 28,800 - 20,000 = Rs.
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