find the simple intersest on a principle of 12000 for 4 years at the rate of 5% per annum . also find the amount
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S.I.= PRT÷100
P=12000
R=5%p.a.
T=4years
S.I.=12000×5×4÷100
S.I=2400
Amount=P+S.I.
A=12000+2400
A=14400
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