principle is 1000 rate is 10 % 4 year give step by step answer
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Answer:
compoundedly it is 331, on simple interest 400
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Step-by-step explanation:
S.I. = p×r×t/100
S.I. = 1000×10×4/100
S.I. = 400
Amount = 1000 + 400
= 1400
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