plz answer the above question with all steps
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sum = ₹10,000, time = 1 yr 3 months
let t1 = 1 yr, t2 = 3month = 3/ 12 = 1/ 4 yr
rate = 8. 1/ 2% = 17/ 2% = 8.5%
A= p (1 +r/100)^t1 × ( 1 + t2×r/ 100)
A = 10,000(1+ 8.5/100)^1 × ( 1+ 1/4* 8.5/ 100)
= 10,000× 108.5/100 ×408.5/400)
= ₹11080.56
C.I = amount - principal
= 11080.56 - 10,000= ₹1080.56
Answer: compound interest = ₹1080.56
let t1 = 1 yr, t2 = 3month = 3/ 12 = 1/ 4 yr
rate = 8. 1/ 2% = 17/ 2% = 8.5%
A= p (1 +r/100)^t1 × ( 1 + t2×r/ 100)
A = 10,000(1+ 8.5/100)^1 × ( 1+ 1/4* 8.5/ 100)
= 10,000× 108.5/100 ×408.5/400)
= ₹11080.56
C.I = amount - principal
= 11080.56 - 10,000= ₹1080.56
Answer: compound interest = ₹1080.56
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