at what rate on compound interest a sum of rs2000 earns rs 820 in 2 years?
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P = Rs. 2000, A = Rs. 2205 and T = 2 years. A = P(1 + R100)^T 2205 = 2000 × (1 + R100)^2 441400 = (1 + R100)^2 2120 = (1 + R100) R = 120 × 100 = 5%
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at 5 percent per annum
this is answer to ur question
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