Question

Calculate the compound interest on a sum of Rs 625 in 2 years at 4% p.a.

Answer 1

Answer:

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Step-by-step explanation:

solution: A=p(1+r/100)n

              A=625(1+4/100)²

              A=625(26/25)²

              A=625×676/625

              A=676

              CI=A-P

              CI=676-625

              CI=51 ans