Find the amount and compound interest on Rs.2000 at 10% p,a for 2 and half year(1/2)
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after 2 years the amount will be:
2000×11/10×11/10
2420 rupees
after half year
2420×1/2×1/10
S.I. of half year = 121 rupees
total amount =2630 rupees
total interest = 630 rupees
2000×11/10×11/10
2420 rupees
after half year
2420×1/2×1/10
S.I. of half year = 121 rupees
total amount =2630 rupees
total interest = 630 rupees
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