A scooter was bought at Rs 42000. Its value increased at the rate of 5% per annum. find its value after one year..
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Answer:
p= 42000
r=5%
t=1
I = p×r×t/100
I = 42000×5×1/100 = 2100
amount = P+I= 42000+2100
= 44100
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