calculate The amount on rs 2000p at 5%per annum for 5 years under simple interest
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Answer:
20₨
Step-by-step explanation:
SI (simple intrest) = PRT/100
P (principle)= 2000p (we will do in rupees) → 2000/100 = 20₨
R (Rate) = 5
Time = 5
→ 20 × 5 × 5/100 = 500/100 = 5₨ will be the answer
Note: I don't think the principle should be in Paise, if you did a typing mistake for the question, then the procedure will be same just replace it. Thank you.
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