Find the interest on Rs 3500 at 7% PA for 2 years. Also find the
amount at the end of 2yrs
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Answer:
Principle = Rs 3500
Rate of Intrest= 7%
Time = 2 years
Simple Intrest =P×R×T
= 3500×7/100×2
=Rs 490
Amount =Principle + Simple Intrest
= 3500+ 490
=Rs 3990
Hope it will help you.
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