Find the sum of money barrowed if it
amounts to rupees7873.20 at 6% per annum
Compound interest for 2 years
Answers
Answered by
2
Answer:
7007.2
Step-by-step explanation:
CI for 2 years at 6% per annum
R+R+R*R/100 (only for 2 years)
Interest is 12.36%
Total amount is 112.36%=7873.20
100%=7007.2
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