compound interest on rs.800 at the rate of 10%p.a. for two years will – InterviewSolution

1.

compound interest on rs.800 at the rate of 10%p.a. for two years will be

Answer»

A=800rsr=10%t=2yrs

C.I.=A(1+r/n)ᵗⁿ=800(1+.1/1)²*¹=800*(1.1)²=800*1.21=968

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