Dipti puts Rs.26000 in a fixed deposit at 8% per annum if she gets interest on the previous years interest also,find the amount she can get after 2 years
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Answer:
principal is 26000
rate is 8%
time is 2
simple interest =p×r×t/100
simple interest =26000×8×2/100
simple interest is 4,160 is anwer
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answer for the given problem is given
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