At what rate percent per annum compound interest, would Rs. 50,000 amount to Rs. 56180 in
2 years interest being compounded annually? At the above rate of interest what will be the
amount on Rs. 50,000 in 3 years?
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Answer:
the rate percentage is 6% p.a. and the f8nal amount as per the question is = rupeese 59550.80
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