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| 1. |
Computer the compound interest and amount on 10000 compound annually for 2 and half years at 4%p.a |
| Answer» CORRECT OPTION isCRs 824.32Principal=Rs.10000 ,Rate=2% per half YEAR,Time=2years=4half-yearsAmount=P(1+ 100R ) T ⇒10000(1+ 1002 ) 4 ⇒10000× 100102 × 100102 × 100102 × 100102 ⇒10000× 5051 × 5051 × 5051 × 5051 Amount=10824.32C.I=Amount−PrincipalC.I=10824.32−10000C.I=Rs.824.32 | |