Question

Calculate the amount on Rs 60000 for three years at 5% rate of interest per annum

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Answer 1

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

5% per annum for three years is equal to 5×3=15% rate if interest.

Now we need to calculate 115% of 60000 to get final amount,

$\frac{115}{100} \times 60000 = 69000$

And that's your answer !

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