Rahul deposited Rs. 1000 at the interest rate of 7%. Find the interest and the amount at the end of 3 years?
Please help me out with this question.
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Answer:
interest = 210
amount = 1210
Step-by-step explanation:
principal price= 1000
rate=7
time = 3
interest= PTR/100
I= 1000*7*3/100
I=210
AMOUNT =INTEREST+PRINCIPAL PRICE
=210+1000
=1210
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