Q5) Riya deposited Rs 2500 in the bank at the rate of 12 % p.a for 4 years. What is the amount he will get at the end of the period?
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Answer:
P = Rs 2,500
R = 12% p. a.
T = 4 years
SI = PRT/ 100 = 2500 x 12 x 4 / 100 = Rs 1200
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