principal = RS 6000 rate = 10% per annum time= 2 years
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Answer:
Interest = 1200
Amount = 7200
Step-by-step explanation:
Interest = [Principal*Rate(per annum)*Time]\100
Interest = [6000*10*2]/100
= 600*2 = 1200
Amount = Principal + Interest
Amount = 6000+1200 = 7200
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