principal 1500rs 2 yrs & 6 percent yearly find out compound interest?
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- First find the simple interest of 1 year and then find the amount of 1st year
- Then, the amount of 1st year will be the principal of 2nd year
- Then, find the simple interest of 2nd year and find the amount of 2nd year
- The amount of 2nd year will be the answer of the question
Hope this will be helpful to you
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