Question

Find the amount and compound interest if Principal is ₹3, 000, Rate of interest is 10% p.a and duration is 2 years.

Answer 1

Answer:

Step-by-step explanation:

Interest = (3000 × 10 × 2)/100 = 60000/100 = Rs. 600

Amount = 3000 + 600 = Rs. 3600

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