Question

Calculate the amount and compound interest on ₹12500 for 2 years at 12 % per annum ,compounded anually

use the formula : P ( 1+R/100)n
please
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Answer 1

Answer:

mention three main shortcomings of Agricultural marketing in India

Following are some of the main defects of the agricultural marketing in India:

Lack of Storage Facility: ...

Distress Sale: ...

Lack of Transportation: ...

Unfavourable Mandis: ...

Intermediaries: ...

Unregulated Market's: ...

Lack of Market Intelligence: ...

Lack of Organisation:

Answer 2

Answer:

Here, P = ₹ 12500; R = 12 % ; N = 3 years

A=P(1+R100)N =12500(1+12100)3 =12500(1+325)3 =12500(2825)3 =17561.60 Rupees

Hence, he should pay an amount of ₹ 17561.60 to clear his loan.

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