Akshay deposited rupees 24.000 in a bank for which bank gives 7% percentage is interest find the interest he gets after 3 years also find the amount
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Step-by-step explanation:
Principal(p) =24,000rupees
Rate(r)=7%
Time(t)=3 years
Simple interest=p*r*t/100
=24000*7*3/100
=5040rupees.
Amount=(p+S.I.)
=24000+5040
=29040rupees Ans.
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