7)
Sanjay borrowed from a chit fund company rs1,00,000 at 15% interest per annum.What is the amount that he will pay after 5 years?
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Step-by-step explanation:
si =p*r*t/100
= 100000*15*5/100
= 75000
amount =p+si
= 100000+75000
= 175000
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