Manya borrows Rs50000 from her friend Sanya for 2 years at 5% per annum compounded annually. How much money did she pay back to Sanya after 2 years?
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1
Answer:
52625
Step-by-step explanation:
50000×5×1/100=2500
50000+2500=52500
2500×2=5000
50000×5000=55000
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