A man invested rupees 2000 at a rate of one paisa per rupee per month.What amount will he get after four months?
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He will get 1 paisa for 1 rupee he invests so for 2000 rs, he will get 20rs per month. Rate is basically 1% per month
So after 4 months, he gets
4×1×2000/100
=80 rs as interest and total amount=₹2080
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