Rate of interest (p.c.p.a) = 2 1 and half%
Time = 5 years
Interest Rs 2,400
Find Principal and amount
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Step-by-step explanation:
P= SI×100/R×T
= 2400×100/21.5×5
= Rs. 2232.56
Amount = P+ I
= Rs. 2342.56 + Rs.2400
= Rs. 4742.56
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