Find the amount and simple interest on Rs. 12,000 at 5% for 4 years.
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Answer:
Step-by-step explanation:
Given ,
P=Rs. 12,000 ,R=5% ,T=4yrs
we know that SI =PRT/100
SI= [12000*5*4]\100
SI =Rs.2400
Amount=2400+12000
Amount =14400
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