Question

calculate the compound interest on 7000 successively 5% and 6% for 2 years

this is maths pls ans this question
with steps also pls​

Answer 1

Answer:

700,840 Is The answer of This Question

Step-by-step explanation:

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Answer 2

Answer:

Difference between the C.I of two successive years=7410−5700=Rs.1710

Rate of interest=

C.I of preceding year×time

Difference between the C.I of two successive year×100/C. I. of preceding year×time

∴Rate of intereast=

5700×1

1710×100

=30%

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hope it helps you. .

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