rate of 5% per
(11) 23625 for 8 years at the rate of 6% per annum.
(111) 265 000 for 2 years 6 months at the rate of 4% per annum.
Find the amount in the following
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Step-by-step explanation:
(11) 23625 for 8 years at the rate of 6% per annum.
Principle=23,625
Time=8years
Rate of interest=6%
S.I=P×R×T/100
=23625×8×6/100
=11,340
AMOUNT=P+S.I
=11340+23625
=34,965
THEREFORE, AMOUNT=34,965
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