find C.I when a sum of rs. 2000 is invested for 3 yrs at 5percent
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Answer:
Step-by-step explanation:
1st year ci = 20000* 0.05 = 1000
2nd year ci = (20000+1000) * 0.05
= 1050
total ci = 1000 + 1050 = 2050
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CI = amount- principal
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