find the compound interest , correct to the nearest rupee, on rupee 2,400 for 2whole 1/2 years 5% per annum
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Step-by-step explanation:
Principle-2400
Rate-5%
Time-2½
CI-P(1×r/100)™
2400(1×5/100)²
2400×21/20×21/20
60×21×21
A=26,460
S.I=P×R×T/100
S.I=2400×5×1/200
S.I=60/200
C.I=26,463
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