solve CI = p = 20000 ,R = 10% , T = 2yrs
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4000 is the ans of this question
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Amount = P(1+r/100)^time
Amount= 20,000×11/10×11/10
Amount =200×11×11=200×121= 24200
CI = Amount-principle
CI=24,200-20,000
CI = 4,200 Ans.
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