Madhu borrowed ₹ 200 at 12% simple interest for two years. If he makes no payments in between, how much interest will he owe at the end of two years
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Answer:
12 multiply by 2 multiply by 200 is the answer
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S.I = PxRXT/100
= 200x12x2 / 100 = 48
= 200x12x2 / 100 = 48
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