Meena borrowed ₹4000 from a bank at the rate of 12% per annum for 5 year . Find the simple interest and amount paid by her
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Answer:
p=Rs4000
r=15%
t=5 years
4000×12\5
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simple interest= prt/100
so SI = 4000(12)(5)/100
=240000/100
=2400
Amount= p+ si= 4000+2400=6400
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