mohan deposited Rs. 8000 in SBI for 15 months if the bank pays compound interest at 12% per annum,then find the amount of interest received by him.
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amount = p(1+r/100)^n
a= 8000 (1+12/100)^4/3
a= 8000 (112/100)^4/3
a= 8000×1.12×4/3
a= 8960×4/3
a= 11946.666...
ci= 11946.666
8000.000= 3946.666
a= 8000 (1+12/100)^4/3
a= 8000 (112/100)^4/3
a= 8000×1.12×4/3
a= 8960×4/3
a= 11946.666...
ci= 11946.666
8000.000= 3946.666
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ye hai 1228.80 Answer hai
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