4,000 in 1(1/3) years at 2 paise per rupee per month.
it is also in the attach..from selina maths book
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4,000 in 1(1/3) years at 2 paise per rupee per month.
4,000 in 1(1/3) years at 2 paise per rupee per month.
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3
Answer:
Rs. 5280
Step-by-step explanation:
Given,
Principle = Rs. 4000
Time = 4/3
Rate = 2% per month
Annually rate = 2 × 12 = 24%
Simple Interest = (P × R × T) / 100
= (4000 × 24 × 4/3) / 100
= 1280
Now,
Amount = P + I = 4000 + 1280
= Rs. 5280.
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