Q. 143.9( 9 Votes )

# If the rates of c

Answer :

We know that if principal = p and rate of compound interest per annum for first and 2nd years are r1% and r2%,

Then we get the amount for 2 years

From given p = ₹6000, r1 = 7% and r2 = 8%

Amount for 2 years

= ₹6933.6

Compound interest for 2 years = ₹6933.6 - ₹6000

= ₹933.6

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