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The compound interest on ₹ 4,000 for 2 years at 5% per annum is approximately?
Most Upvoted Answer
The compound interest on ₹ 4,000 for 2 years at 5% per annum is approx...
1st year interest= 4000*5/100=200,,
2nd year interest= 4200*5/100=210,,
Total Ci = 410
Community Answer
The compound interest on ₹ 4,000 for 2 years at 5% per annum is approx...
=4000×21/20*21/20-4000
= 4410-4000
=410
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The compound interest on ₹ 4,000 for 2 years at 5% per annum is approximately?
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