find the compund intrest on ₹125000 at 8% per annum for 2¾ yearswould
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As compounded quarterly R= 4/8 =2%
Time =9 months=12/9 years = 12/9
4 quarters =3 quarters
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We know, Amount =A=(1+100/R)n
A=125000[ 1+( 100/2])3
C.I = Rs. [ 132651-125000 ]= Rs. 7651.
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