Radha donoteted 100000 to a trust by the interest gained on this sum.5 scholarship are given.if the rate of interest is 12% per annum find the amount of each scholarship.
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P=Rs100000
R=12%
T=5years
I=PTR/100
100000×5×12/100
60000
A=P+I
100000+60000
160000
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