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Find the compound interest and the amount on Rs.
Question 1:
Find the compound interest and the amount on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly??
A.
Rs.1261
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A = 8000(21/20)³
= 9261 - 8000 = 1261;
B.
Rs.1440
C.
Rs.1185
D.
Rs.1346
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