Find the compound interest on Rupees 12600 of 2 years at 10% per annum compound ed annually.
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Answer:
COMPOUND INTEREST→A=P(1+r/n)^t
Principal=12600
10%p.a
time = 2 years
A=P(1+10/100)²
A=12600(1+10/100)
A=1261 Rupees
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