calculate the compound interest for second year on R.s. 8000 invested for 3years at 10% per annum
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P=8000rs
R=10%
T=3yrs
Interest1=8000×10×1/100
=800
Amount1=8000+800=8800
Interest2=8800×10×1/100=880
Amount2=8800+800=9680
Interest3=9680×10×1/100=968
Amount3=9680+968=10648
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