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interest on 234,000 at l0% p.a. for 3 years.Find the compoundIlgumount and compound interest on 80at 90 na for 2 years |
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Answer» Given:P = Rs 34,000 R = 10% % p.a n = 3 yearsFormula used:A = P(1+R/100)nSolution:A = 34000(1+10/100)3 A = 34000(1.1)3 A = Rs 112200 Thus, the required amount is Rs 112200 |
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