rs 3500 is given at 7 percent per annum as rate of interest . find the interest which will be received at the end of 2 years
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Answer:
its answer will be 490 rupees
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Step-by-step explanation:
Rate = 7%
principle = 3500
interest = ?
Time= 2 year
since, interest =p*r*t/100=
3500*7*2/100=490
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