calculate the amount and the compound interest when 200 rupees is lent for 2 years at the rate of 10%
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Answer:
SI= PRT/100
P= Rs. 200, R= 10%, T= 2 years
= 200×10×2/100
= 4000/100
= 40
Amount= P+SI
= 200+40
= 240
Therefore, the SI= Rs. 40 and Amount= Rs. 240.
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