Question

50,000 at the rate of interest12% p.a. Find the simple interest,which he has to pay after 2 years​

Answer 1

Answer:

50000×12×2/100

500×12×2=12000

so si =1200 and

amount =12000+50000=62000

Answer 2

Answer:

P*R*T/100

=50000*12*2/100

=12,000

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