lf rahanna deposits ₹ 1,500 in school's savings bank at 9 p.c.p.a for 2 year, what total amount will she get
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Answer:
Rs.270 will be the simple interest
Explanation:
Principal - Rs.1500.
Rate of interest - 9%
Number of years - 2
Simple Interest = 1500×9%×2/100
Rs.270/-
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