A person deposits Rs.25000 in a firm who pays an interest at the rate of 20% per annum. Calculate the income he gets from it annually.
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Answered by
1
Answer:
he get 5000 annually,
Step-by-step explanation:
just use PRT/100 formula or use percentage formula
Answered by
1
The person gets 20% of his principle per annum.
Then he gets Rs. 5000 per annum
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