what is C.I. on ₹ 300000 for 4 years at 15% per annum
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180000
Is the C.I. on 4 years
Is the C.I. on 4 years
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A = p(1+r/100)^n years
300000(1+15/100)^4 years
300000(115/100)^4 years
300000×115/100×115×100×115/100×115/100
= 4562.625
300000(1+15/100)^4 years
300000(115/100)^4 years
300000×115/100×115×100×115/100×115/100
= 4562.625
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