Question

278 for 5 years at 10% p.a.​

Answer 1

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Principal=₹278

Rate of interest=10%

Time=10 years

Simple interest= P(1+r×t)

278(1+10×10)

278(1+100)

278+27800=28078

So amount of ₹278 at the rate of 10% for 10 years is ₹28078

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Answer 2

Answer:

Principal=₹278

Rate of interest=10%

Time=10 years

Simple interest= P(1+r×t)

278(1+10×10)

278(1+100)

278+27800=28078

So amount of ₹278 at the rate of 10% for 10 years is ₹28078