Please add step by step explanation for the question
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THE ANSWER IS ₹11,253
Step-by-step explanation:
EXPLANATION IS GIVEN IN THE PHOTO, REFER IT
FIRST DO COMPOUND INTEREST
A=P(1+R/100)^N ( FIRST TAKE THE WHOLE PART I.E 2 HERE AS TIME )
YOU WILL GET AN ANSWER
NOW DO SIMPLE INTEREST WITH THE ANSWER YOU GET FROM COMPOUND INTEREST( TAKE THE ANSWER AS PRINCIPAL IN SI )
(IN SIMPLE INTEREST TAKE THE REMAINING 1/3 YEARS )
YOU WILL GET AN ANSWER .NOW IN SIMPLE INTEREST
AMOUNT = PRINCIPAL + SIMPLE INTEREST
( TAKE THE PRINCIPAL AS COMPOUND INTEREST ANSWER)
THE ANSWER IS THE AMOUNT
KINDLY REFER THE PHOTO , AND I DID STEP BY STEP AND I GOT THE ANSWER
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