find the compound interest on 24000 at 15%
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Step-by-step explanation:
Here is your answer
Principal=₹24000
Rate of interest=15% p.a.
Time=1year
Therefore,
A=p(1+R/100)
=24000(1+15/100)^1
=24000×115/100
=240×115
=₹27600
So, Amount=₹27600
Compound interest=A-P
=₹(27600-24000)
=₹3600
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