plz solve this fast
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Given :-
- Principal (P) = Rs.4000
- Rate (R) = 10%
- Time (t) = 1 1/2 ↪3/2 ↪ 1.5 years.
To Find :-
- Compound interest (CI) = ?
Solution :-
As we know that,
[ Putting values ]
↪A = 4000 (10 + 1/100)^1.5
↪ A = 4000 (10 + 100/100)^1.5
↪ A = 4000(110/100)^1.5
↪ A = 4000(11/10)^1.5
↪ A = 4000 × 1.1536
↪ A = 4614.4
↪ .°. Amount = Rs. 4614.4
We know that,
↪ Interest = Amount - Principal
↪ I = 4614.4 - 4000
↪ I = 614.4
↪ .°. CI = Rs. 614.4.
Hence,
- Required Compound interest is Rs.614.4.
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