Find the compound interest on Rs 2000 at 11 percent per annum for 2 years

A964.2

B864.2

C464.2

D764.2

Answer

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764.2

CI = P((1+R/100)^T - 1) = 464.2

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Find the compound interest on Rs 2000 at 11 percent per annum for 2 years

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