a sum of money amount to be rupay 1200 in 2 years and Rupay 1500 in 5 years. what is a simple interest for one year
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A = 1200 for 2 years
A=1500 for 5 years
now
p==???
r==???
so
A=p (1+r/100)^t
1200
A=1500 for 5 years
now
p==???
r==???
so
A=p (1+r/100)^t
1200
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