Calculate the compound interest on Rs.6000 at 10%

Calculate the compound interest on ₹6000 at 10% per annum for two years.

Solution:

Salma borrowed from Mahila Samiti a sum of ₹ 1875 to purchase a sewing machine. If the rate of interest is 4% per annum, what is the compound interest that she has to pay after 2 years?

Solution:

Jacob invests ₹12000 for 3 years at 10% per annum. Calculate the amount and the compound interest that Jacob will get after 3 years.

Solution:

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