Find the amount and compound interest on rupees 24000 for 2 years at 10 percent per Annam compound yearly
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Principal=2400
Time=2 yrs
Rate=10%
Simple Interest = P×R×T
_____
100
=2400×10×2
___________
100
=480
Amount =Simple Interest + Principal
=480+2400
=Rs 2880
Hope it helpful for u..
anonymous64:
Wrong! We have to find C.I., not S.I.
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