Calculate the amount and the compound in...

Calculate the amount and the compound interest on Rs. 5,000 in 2 years, if the rates of interest for the successive years be 8% and 10% respectively.

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Verified by Experts

The correct Answer is:

Amount = Rs. 5,940
C.I. = Rs. 940

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ICSE-INTEREST (SIMPLE AND COMPOUND)-EXERCISE 9(C)

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