If Simple Interest on ₹ 2000 at 10 % p.a. for 1 year is ₹ 200, then Compound Interest for the same amount, compounded yearly for 1 year is
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Answer:
420
Step-by-step explanation:
=2000*(10/100)t
=2000*(10/100)2
=2000*(11/10)*(11/10) =420
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