The compound interest on an amount at the end of 3 years at 15% p.a is rs.6500.52
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CI = A - P
6500.52 =p(1+r/100)^t - p
6500.52 = p(23/20)^3 - 1)
6500.52 = p(12167/8000 - 1)
6500.52 = p(4167/8000)
6500.52 * 8000/4167 = p
Rs 12480 = p
6500.52 =p(1+r/100)^t - p
6500.52 = p(23/20)^3 - 1)
6500.52 = p(12167/8000 - 1)
6500.52 = p(4167/8000)
6500.52 * 8000/4167 = p
Rs 12480 = p
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