find the si and amount of rs 1000 for 5 years at the rate of 10%per annum.
pls give step by step
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Answer:
Step-by-step explanation:
Formula to find SI and is :-
= P × R × T/100
= 1000 × 5 × 10/100
= 10 × 5 × 10
= 500
SI is :- 500
Amount :- 1000 + 500
= 1500
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