Mahima deposits rs 1200 in private bank at the rate of 8 p.c.p.a. for 2 years . What is the total amount she will get
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Answer:
Rs. 1392
Step-by-step explanation:
Interest = (1200 × 8 × 2)/100 = 19200/100 = Rs. 192
Amount she will get = 1200 + 192 = Rs. 1392
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