Business Studies, asked by Jagoo4351, 11 months ago

Find the compound interest on rs 16000 at 20

Answers

Answered by ksalgaonkar11
0

Answer:

Explanation: Assuming N = 1

C.I  = S.I for period of 1 year

we can use S.I = PNR/100

16000*1*20 / 100 = 3200

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