Principal=3000Rs,Rate of interest =10%per annum, Time=2 year find the compound interest
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Answer:
Step-by-step explanation:
compound interest
formula=p(1+r/100)^n- p
now use this formula
and find compound Interest
CI=3000
(1+10/100)^2-3000
=3000x121/100-3000
=3630-3000=630 Rs
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