Please answer this question . Solve the second one
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Answer:
1. 25%
2. Rs. 2400
Step-by-step explanation:
1. Cost price = Rs. 2000
Selling price = Rs. 2500
Gain = Selling price – Cost price
= 2500 – 2000
= Rs. 500
Gain% = Gain / Cost price × 100
= 500 / 2000 × 100
= 25%
2. Principal (P) = Rs. 10000
Rate of interest (R) = 12%
Time (T) = 2 years
Simple Interest = P × R × T / 100
= 10000 × 12 × 2 / 100
= Rs. 2400
Hope this helps you.
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