if ₹6400 is invested in a bank for 2whole 1÷2 years at the rate of 7whole1÷2 per annum,find the amount returned by the bank
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Answer:
Find the compound interest on Rs. 6400 for 2 years, compounded annually at 152% per annum.
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1
Answer:
6400*5*15/100*2*2
16*5*15
=1200
Amount = 6400+1200
=7600
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