A woman borrows ₹ 100000 for home improvements. The compound interest is 15% p.a. She repays in full in 3 years. How much interest has she paid?
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Answer:
RS. 45000
Step-by-step explanation:
- P=100000, R=15PERCENT T=3YRS
- SI =P*R*T/100
- SI =100000*15*3/100
- SI = 1000*15*3
- SI =1000*45
- SI=RS.45000
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