a sum amount to RS 12100at 7% simple interest per annum after 3 years.find the sum
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Step-by-step explanation:
Amount to be paid=principal amount+Simple interest
Simple interest=P×R×T100 where P is the principal amount ,T is time and R is the rate of the interest.
Simple interest=10,000×15×2100=3000
Amount to be paid=10,000+3000=Rs.13000
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