Rs.10000 is invested at 5% interest rate p.a.Find the interest at the end of one year
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hey the answer is ....
simple interest = 10000 × 5 × 1 /100
500rs.
compound interest = 10000 ( 1+ 5/100)
10000× 21 / 20
21000 rs.
21000 - 10000
= 11000 is the compound interest
hipe it helps u
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