Anil deposited 20000 for saving as a fixed in a bank at 10% per annum. Find the amount he get after 5 year's. what are benefits of saving
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principal=20000
rate of interest=10%
time=5years
simple interest=p×r×t
simple interest=20000×10/100×5-10000.
amount=p+I
20000+10000=30000
rate of interest=10%
time=5years
simple interest=p×r×t
simple interest=20000×10/100×5-10000.
amount=p+I
20000+10000=30000
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