Question

Principal =5000,rate=12%,time=2years

Answer 1

Here is your answer

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Given = Principal = rs 5000

Rate = 12%

Time = 2 years

To find = Interest and Amount

Solution :-

We will us here the formula of SI = $\frac{P  * R * T}{100}$

By putting the values,

SI = $\frac{5000 * 12 * 2}{100}$

By cancelling,

SI = 50 * 12 * 2

SI = 1200

∴ Simple interest = Rs 1200

Amount = P + I

= 5000 + 1200

= Rs 6200

∴ Amount = Rs 6200

Answer 2

HEY MATE HERE IS YOUR ANSWER

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Given :-
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Principal : 5000 ₹

Rate : 12%

Time : 2 years

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Ti find :
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Simple interest and Amount

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Step 1 : Find S. I

S. I = P × R × T / 100

S. I = 5000 × 12 × 2 = 100 = 1200