the compund interest on rs 50000 at 4 percent per annum for 2 years compounded annually..what is the answer
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C.I. = Amount - Principle
C.I. = Amount - Principle=> P((1+ 100r ) T −1)
r ) T −1)CI = 50,000(1+ 1004 )2 −1)
r ) T −1)CI = 50,000(1+ 1004 )2 −1)C.I.= 4080.
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