Question

Find the amount to be paid at the end of 2year on a sum of rupese 1200 at
10 % p.a

Answer 1

Answer:

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Answer 2

Answer: Principle=1200

Time period=2 years

Rate of Interest=10%

So, SI= PTR/100

=1200 x 2 x 10/100

= 240

Total amount to be paid at the end of two years=SI + Principle

=1200+240

=1440