Find the amount and the compound interest on Rs.
15,625 for 3 years at 12% per annum,
compounded annually.
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2034 is and
we we know that 12% is equal to 12 /100 equal to =3/25
15625×3/25=625×3
625×3/25=75×2
75×3/25=9×1
For CI we multiply it by 3 ,2 and 1.
1875+150+9=2034
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