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1. what sum will become Rs 2025 in 2 years at 12.5% per annum compound interest

Answer»

A= p(1+r)^n

here. r = 12.5/100 = 0.125 , n = 2 and p = 2025

A = 2025*(1+0.125)^(2)A = 2025*(1.125)² = 2562.89



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