The simple interest on a sum of money for 3 years at 20/3 % per annum is Rs 6750. What will be the compound interest on the same sum at the same rate for the same period, compounded annually?
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SI = $ 6750, R = 203% p.a. and T = 3 years. = $ (100 × 6750 × ³/₂₀ × 1/3 ) = $ 33750.
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