if the simple interest on sum at 4% p.a for 2 years is rs 80 then the compound interest on the same sum for the same period is
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Step-by-step explanation:SI = P* N*R /100
80 = 4*2*p/100
P= 1000
A= P(1+r/100) whole square
A= 1000(1+4/100) whole square
A = 1000*26/25*26/25
A= 5408
CI= A-P
CI = 5408-1000
CI = 4408 ANS
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