principal equal to 5000 rupes rate equal to 20percent time equal to 2 years find simple interst and amount
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Answer:
Principal = 5000
Rate = 20 %
Time = 2 years
Simple Intrest = P×R×T/100
= 5000×20×2/100
= 2000
Amount = Principal + Simple Intrest
= 5000 + 2000
= 7000
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