If Rs. 3000 is invested at a compound rate of 10% p.a., what will be the total interest received at the end of two years?
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Answer:
3630
Step-by-step explanation:
formula
CI= P [ 1+ r/100] n
CI = 3000 [1+ 10/100] 2
ci = 3000 × 11/10 × 11/10
CI = 30O × 11 × 11 = 3630
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