Calculate the compound interest on Rs. 3600 at 10% per annum for three years, compounder annually
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Answer:
1191.6
Step-by-step explanation:
A = P (1+R÷100)³
= 3600 (110÷100)³
= 3600×11÷10×11÷10×11÷10
= 4791.6
C.I = 4791.6 - 3600
= 1191.6
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