find the amount and compound intrest on-: rs20000 in 2 years at 10 percent per annum
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Answer:
24200 Rupees
Step-by-step explanation:
Principal Amount is 20000
First year Interest is 2000
New Principal on the first year is 20000+2000 =22000
Second year interest is 2200
Final Amount is 22000+2200 =24200
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