find the compound interest on rupee 12500 in 5/4 years at 8℅ p.a. given that c.i. is compounded yearly
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Answer:
principal is 12500
time is 5/4
rate us 8%
simple interest=principal ×rate×time/100
simple interest=12500×8×5/4/100
simple interest is1,250 is answer
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