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find the compound interest on rs …

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find the compound interest on rs 8500 for 2 years at 8% per Annum
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Aaratrika Dhar 6 years, 11 months ago

P = rs. 8500 R = 8% N = 2 years As C.I. = A - P So, A = P ( 1+ R/100 ) to the power 2 A = 8500 ( 1 + 8/100 ) to the power 2 = 8500 × 2/25 × 2/25 = 54•4 So, C.I. = 54•4 - 8500 = 8445•6
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