What is the compound interest for rupees 12000?
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15/12/2022
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Show Solution : We know that amount A at the end of n years at the rate of r% per annum when the interest is compounded annually is given by What is the compound interest of 12000?Hence, the compound interest is Rs. 2,520.
What is the compound interest in Rs on a sum of Rs 12000 for 2 years at the rate of 5% per annum compounded annually?∴ Compound Interest is Rs. 1230.
What is the compound interest accrued on an amount of Rs 12000 /Now Compound interest = A - P ⇒ Compound interest = Rs. 15972 - Rs. 12000 = Rs. 3972.
What is the compound interest on Rs 15000 /15000 at 5% per annum for two years is Rs 1500 and the amount after 2 years is Rs. 16500.
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