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If The Rate Of Interest Be 4% Per Annum For First Year 5% Per Annum For The Second Year And 6% Per Annum From The Third Year Then The Compound Interest Of Rs 10000 For 3 Years Will Be? |
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Answer» AMOUNT = RS[10000 × (1 + 4/100) × (1 +5/100) × (1 × 6/100)] = Rs(1000 × 26/25 × 21/20 × 53/50) = Rs (57876/5) = Rs 11575.20 C.I = Rs (11575.20 - 10000) = Rs 1575.20. Amount = Rs[10000 × (1 + 4/100) × (1 +5/100) × (1 × 6/100)] = Rs(1000 × 26/25 × 21/20 × 53/50) = Rs (57876/5) = Rs 11575.20 C.I = Rs (11575.20 - 10000) = Rs 1575.20. |
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