Rate% p.a. Find the compound interest on the following. principal ₹10000 Rare%p.a. Number of years 2
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2 years simple interest is 2400 rupees and total amount after 2 years is 10000 + 2400 = 12400 rupees. Compound interest is 2544 because principal before calculation is 10000 and now principal is 12544 it means that compound interest is 2544 rupees.
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