a farmer purchased a land for Rs:22000 and paid Rs:16000. the balance amount to be paid after 2 years and 3 months at a rate of 12% per annum is Rs----------
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remain amount=22000-16000=6000
time=2yr+3months
2+3/12=9/4
rate=12%
simple intrest=prt/100
=6000×12×9/400
=1620
after 2 yr +3months total payable amount
=1620+6000
=7620
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