find CI for Rs 2000 @ 5percent p.a for 1 year. if compounded quantity
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0
Answer:
CI=P(1+ R/100)^n
=2000 (1+5/100)^1
=2000(1+1/20)
= 2000(20+1/20)
= 2000×21/20
=2100
so 2100 is the right answer...
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