Ramesh deposited * 6000 in a saving bank which gives simple interest at the rate of 5%. What
amount will Ramesh get at the end of 1 year?
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Answer:
right answer is 6300
Step-by-step explanation:
formula of simple interest I=P*N*R/100
6000*5*1/100
cut the zero then muliply 60*5*1
we get =300,
then add 6000+300=6300
i hope this is useful for you
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