The difference in the compound interest on Rs. 10000 at 10% p.a for 4 years and for 2 years is
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Answered by
1
Step-by-step explanation:
Principal=Rs.10000 , Rate=2% , Time=2years = 4half-years
Amount=P(1+ r/100)
10000=(1+2/100)⁴
10000×102/100×102/100×102/100+102/100
[by simplyfing it ]
10000×51/50×51/50×51/50×51/50
Amount=10824.32
C.I=Amount−Principal
C.I=10824.32−10000
C.I=Rs.824.32
hope this helps you......
Answered by
1
Answer:
2641
Step-by-step explanation:
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