Find the compound interest on Rs 20,000 at 10% per annum for 2 , 1 by 4 years
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Step-by-step explanation:
Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%. Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs. 28,800. Compound Interest C.I.
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