the simple interest on a certain sum of money for 2 years at 5, 1 by 2% is rs6600 what will be the compound interest on that sum at same rate of interest same time
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S. I=(P *2*11)/200=6600
P=(6600*200)/2*11=60,000
C.I,=30000(1+.11/2)^2 - 30000
=60000[(1.055)^2 - 1]
=6781. 5
P=(6600*200)/2*11=60,000
C.I,=30000(1+.11/2)^2 - 30000
=60000[(1.055)^2 - 1]
=6781. 5
sprao534:
i did a mistake while taking a principle
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