There is 78% in an amount in 6 years at simple interest. What will be the compound interest of rs.10000 after 2 years at the same rate?
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Step-by-step explanation:
78%=6yr
78/6=1yr
13%=1yr
Now
CI
1styr=13%of10000=1300
2ndyr=1300+13%of1300=1300+169=1469
Total ci=1300+1469=2769
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