Find the amount and compound interest on ₹20,000 compounded annually for 3 years, the rates of interest being 5%, 10%,and 12%, respectively
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A=P(1+RATE 1/100L)(1+RATE 2/100)(RATE 3/100)
A=20000(1+5/100)(1+10/100)(1+12/100)
A=20000(105/100)(110/100)(112/100)
A=25872 RS
CI=A-P
CI=25872-20000
CI=5872 RS
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