Question

In how many year will 20000 amount 28000 at 4% p.a. simple interest ?
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Answer 1

Step-by-step explanation:

Principal = $2000

Rate = 5% p.a.

T = 3 years

S.I = (P × R × T)/100

= (2000 × 5 × 3)/100

= $ 300

Amount = P + I

= $ ( 2000 + 300 )

= $ 2300

Answer 2

Answer:

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