find the compound interest on rupees 800 at 5% per annum for 2 years
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minaajit:
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A=p[1+r/100]^n
800[1+5/100]^2
800*[21/20]2
800*441/400
882 rupees is amount
Therefore ci=a-p
882-800
82 rupees is compound interest..
Hope it help...
I have omitted some calculations
Sorry for that....
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