Express 10000 in invested for 6 years at 16% then how much markup will be earned
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Answer:
9600
Step-by-step explanation:
principle amount = 10,000 = P
No of years = 6 = T
Rate of interest = 16% = R
markup earned = PRT
= 10000*6*16/100
= 600*16
= 9,600.
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