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Rs - 64000
per
Find the compound interest on
rox 1 year at the rate of loz
annum compounded quad Xxl
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1
Solution:
For the 1st yr
_______________________
Interest = 64000^1^1/100
=640
Amount=64000+640
=64,640
Compond interst = A-P
= 64,640-64000
=Rs.640
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