Rihanna deposits 1500 rupees in the school fund at 9 p.c.p.a for 2 years, what is the total amount she will get?
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Answer:
Principal(P) =1500 Rs.
Rate of interest(R) =9%
Time(T) =2 years
Total Interest(I) =
100
PRT
=
100
1500×9×2
=270 Rs.
Now, total amount =P+I=1500+270=1770 Rs.
Step-by-step explanation:
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