govinda deposited rs 250 for 2 years with a co operative bank which pays him an interest at the rate of 8%per annum.find the amount he will get at the end of 2 years
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Answer:
290
Step-by-step explanation:
Principle=250
Time= 2 years
Rate= 8%
SI = Principle*Time*Rate/100
SI = 250*2*8/100
SI = 40 rupees
Amount = Principle+SI
Amount = 250+40
Amount = 290
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