28)Mr.singh deposited Rs.5500 in a bank which pays 14% interest per year.find the amount receive after 3years
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answer to the above question is given in the attachment
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primary amount- 5500
Rate of interest- 14%
Years-3
Total interest of 3 years= 5500×14÷100×3= 2310
Total amount received= Primary amount + Interest
=5500+2310
=7810
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