Find amount and compound interest p=100000 r=2% t=3 year
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Step-by-step explanation:
Principal =100,000
t=2 years
r=10% per annum
A=P(1+
100
R
)
T
⇒ A=100000×(1+
100
10
)
2
⇒ A=100000×
100
121
⇒ A=Rs.1,21,000
⇒ C.I.=A−P=Rs.1,21,000−Rs.1,00,000=Rs.21,000
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