. If P=rupees 1000, R=10% and T=1year , then calculate compound interest
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Step-by-step explanation:
amount = p ( 1+ r/100)^t
=rs 1000( 1+ 10/100)^1
.. ..... =rs1000×11/10= rs1100
c.i =a-p=1100-1000=rs100
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