calcuate the amount and compound interest on:a) ₹20000for 2 years at 20% per annum compounded annually.
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Answered by
0
Step-by-step explanation:
A=P(1+
100
R
)
T
⇒ A=20000×(1+
100
10
)
2
⇒ A=20000×
100
121
⇒ A=Rs.24,200.
∴ C.I.=A−P=Rs.24,200−Rs.20,000=Rs.4200.
Answered by
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ANSWER - (amount- 28800rs, CI - 8800)
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