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Compound Interest without formula
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What sum will amount to Rs.6593.40 in 2 years at C.I., if the rates are 10 % for the two successive years.
Rs.5400
A sum is invested at compound interest compounded yearly. If the interest for two successive years be Rs. 5700 and Rs. 7410, calculate the rate of interest.
30%
Calculate the difference between simple interest and the compound interest on Rs. 4000 in two years at 8% per annum compounded yearly.
Rs. 25.60
Meenal lends Rs. 75000 at C.I. for 3 years. If the rate of interest for the first two years is 15% per year and for the third year it is 16%. Calculate the sum Meenal will get at the end of the third year.
Rs. 1,15,057.5
A borrowed Rs. 2500 from B at 12 % per annum compound interest. After 2 years, A gave Rs. 2936 and a watch to B to clear the account. Find the cost of the watch.
Rs.200
Calculate the compound interest for the second year on Rs. 8000/- invested for 3 years at 10% per annum.
Rs. 880
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