Find the Compound Interest when Principal = Rs.3000, rate = 5% per annum, Time = 2 years.
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formula=PRT/100
3000*5*1/100=150
Amt=3000+150=3150
PRT/100
3150*5*1/100=157.5
amt=3150+157.5=3307.5
ci=final amt- original principal
ci=3307.5-3000
ci= 307.5
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