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4. The C.I. on 8000 at 15% p.a. for 1 1/2 = 4/3 , years is ? |
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Answer» Time = 2 YEARS 4 MONTHS = 2(4/12) years = 2(1/3) years.Amount = Rs'. [8000 X (1+(15/100))^2 X (1+((1/3)*15)/100)]=Rs. [8000 * (23/20) * (23/20) * (21/20)]= Rs. 11109. .:. C.I. = Rs. (11109 - 8000) = Rs. 3109. |
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