Ganesh invested 50000 in a bank for 2 years at the rate of 9 pcpa what amount will Ganesh receive after 2 years
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Answer:
Step-by-step explanation:for
1st year ,
SI=50000×9×1÷100= 4500
CI=50000+4500=54500
2nd year
54500×9×1÷100=4905
4905+54500=64855
So in 2nd year ganesh will get rupees 64855
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