If compound interest is Rs 400 and Principal is Rs 1000, then Amount = ?
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Answer:
S.I = PTR/100
400 = (1000*4*R)/100
400 = 40R
R = 400/40 = 10%A = 1000(1+0.1)^2
A = 1000(1.1)^2
A = 1000(1.21)
A = 1210
The amount you'd have after years if the interest is compounded, ₹1210/-.
Answered by
0
If compound interest is Rs 400 and Principal is Rs 1000, then Amount = 600
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