Findthe compound interst on Rs. 8000) at 5% pa. for 3 years, Find the amount also
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Step-by-step explanation:
Interest = PRT /100
P = Rs. 8000
R = 5 %
T = 3 years
=> 8000 x 5 x 3 / 100
=> 1200
therefore compound interest= 1200
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