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Find compound interest on Rs.51200 at `15%` per annum for 9 months compounded quarterly

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To find the compound interest on Rs. 51200 at an interest rate of 15% per annum for 9 months compounded quarterly, we can follow these steps: ### Step 1: Identify the given values - Principal (P) = Rs. 51200 - Rate of interest (R) = 15% per annum - Time (T) = 9 months = 9/12 years = 0.75 years - Compounding frequency (n) = 4 times a year (quarterly) ...
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UPKAR PUBLICATION -COMPOUND INTEREST-QUESTION BANK
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  15. The difference between the simple interest and the compound interest o...

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