siwani deposited 9500 in a bank at a rate of 7 P.C.P.A. how much interest will she get at the end of the year
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Answered by
6
Tha compound Interest is ₹ 672 and amount is ₹ 10272.
Step-by-step explanation:
GIVEN :
Amount deposited by Shiwani (P) = ₹9600.
Rate of Interest (R) = 7%p.a
Time ( T) = 1 year
Solution :
Interest = P × R × T/100
= ₹9600 × 7 × 1/100
= ₹672
Amount at the end of 1 year = Principal + Interest
Amount = ₹9600+₹672
= ₹10272
Compound Interest is ₹672.
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Answer:
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Step-by-step explanation:
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