find the compound interest of ₹4000 at 5% per annum for 1 year if interest is commanded annually.
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Step-by-step explanation:
C.I. = p(1+ r/100)n
=4000 ( 1+ 5/100)^1
= 4000( 105/100)^1
= 4000 × 105 /100
= rs 4200
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