If there is 45% increase in amount in 3 years at simple interest, what will be the
12,000 at the same rate after 2 years?
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Answer:
₹3600
Step-by-step explanation:
The increase in amount will be 30% (45 × 2 / 3).
The increase in amount will be
12000 × 30/100
120 × 30
₹3600
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