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Class 10 > Learn Mathematics > Ramesh invests Rs. 12800 for three years at the rate...
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Ramesh invests Rs. 12800 for three years at the rate of 10% per annum compound interest. Find the sum due to Ramesh at the end of the first year?

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The amount at the end of Year I is 10% of the principle added to the principle itself. So it would be 12800+(10% of 12800)=14080
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