if loan = rupees 175000 rate of interest 4% time 2 year then amount to be repaid is equal to
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Answer:
rs. 189000
Step-by-step explanation:
interest = prt/100 = 175000×4×2/100
= 1750×8 = 14000
amount = interest + principal = 175000 + 14000 = 189000
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