Find the sum of money that amount to-:
(i) 12000rs in 4 years at the interest of 5%per annum
(ii) 8250rs in 5 years at the interest rate of 7.5% per annum
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Answer:
i- 12000×4×5/100=2400
=12000+2400=14400
ii- 8250×5×7.5/100=825×7.5|/2
=answer+8250=amount
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