Find the compound interest on ₹11200at 35/2 percent per annum for two year
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Answer:
rupeese 4263is the answer to the given quesio as per te conditions provided
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Answer:
CI = ₹ 4263
Step-by-step explanation:
P = ₹ 11200
R = 35/2 = 17.5% p.a.
T = 2 years
A = P(1+r/100)^t
A = P(1+175/1000)^2
A = 11200 × 47/40 × 47/40
= ₹ 15463
CI = ₹ 15463-11200
= ₹ 4263
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