At what rate of interest per annum will800 amount become$1000 in 2 years
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Step-by-step explanation:
Going by simple interest,
800 will become 1000 in 2 years.
so the interest will 200
.
SI= Px Rx T/100
= 800*R*2/100
200= 800*R*2/100
20000/800*2= R
R= 12.5
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Answer:
Take p =1000 T= 2year . wrote the formula of intrest and answer
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