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Answer 1

Answer:

$\huge\fbox\red{❥Question:}$

Find the amount that sohan will get if he deposited RS.20,000 at 8% par annum for 2 years.

$\huge\fbox\purple{❥Answer:}$

$\fbox\green{Interest:} \: \frac{p \times r \times t}{100}$

$= \frac{20000 \times 8 \times 2}{100}$

= RS.3,200

Therefore, RS.3,200.