(b) * 2500 for two years at 12% per annum.
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Answer:
Principal (P) = Rs.2500
Rate (R) = 12%
Time (T) = 2 years
Simple Interest (SI) = PRT/100
=> SI = 2500×12×2/100
=> SI = 600
Amount = P+SI = Rs.2500+600 = Rs.3100
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