) Calculate the amount and compound interest on
Rs. 18,000 for 2 2 years
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1
Answer:
Answer
P = 18000 ; R = 10%, T=2.5.
So Let T = 2
A=18000(1+
100
10
)
2
18000(11/10)
2
=21780.
Interest after 2 years
=21780−18000=3780
Interest after half year
=21780×
100
10
×
2
1
=1089
Total interest after 2.5 year
3780+1089=4869.
final answer is 4869 Rs
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