Calculate the interest amount on Rs 500000 deposited in bank for 2 years @ 15% per annum compounded annually. How much the interest money vary if this would be girls on SI.
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Answer:
si is 150000
total money will be 500000+150000=650000
Step-by-step explanation:
s.i=ptr/100
=500000×15×2÷100
=5000×30
150000
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