find the amount and the compound interest on Rs. 8000 at 5% per annum for 2 years.
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8000×(1+5/100)^2
=8000×105/100×105/100
=8000×11025/10000
=882000000/10000
=88200
i hope this helps u
=8000×105/100×105/100
=8000×11025/10000
=882000000/10000
=88200
i hope this helps u
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