If Rs 4,800 is borrowed at the rate of 5% per annum, the amount to be returned at the end of 2 years is
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Step-by-step explanation:
P=4,800
R=5% p.a.
T=2 years
Interest=P×R×T/100
4800×5×2/100
48×10
480
A=P+I
4800+480
5280
Therefore, Amount returned at the end of 2 years is 5280
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