please answer the question on attachment
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Explanation:
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Given :
To find :
- What amount is to be repaid on a loan.
Solution :
As we know the principal , rate and time already given.
Applying the formula for finding the amount.
Substituting the values in the formula , we get :
⠀⠀ ⠀
- Hence, ₹58,564 is the required amount which is to be paid.
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