ICSE /Class 9
Maths MCQ Based On Banking compound interest
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ICSE Class 9 Maths Banking compound interest
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Find the principal from simple interest, and then find CI.
Compound interest
Use formula
Concept of Interest
Compound interest
Compound Interest
Calculate the CI when compounded annually and when compounded semi-annually, and their difference will be equal to Rs. 482
Calculate the principal by using the formula of simple interest then calculate the compound interest.
Calculate the new rate since the interest is compounded half-yearly, then use the formula for compound interest to calculate the interest.
Calculate the new rate since the interest is compounded half-yearly, then use the formula for compound interest to calculate the interest.
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