Abhinav deposited an amount of Rs.12,000 for 2 years at simple interest rate of 12.5% per annum. How much amount Abhinav will get after 2 years
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Answer:
Step-by-step explanation:
S.i=(p.r.t)/100
S.i=(12000*12.5*2)/100
Si= 3000
Therefore
Amount =p + so
Amount=12000+3000
Amount =Rupees 15000
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