saman borrows Rs.50000 from bank at the rate of 2% mark up per year for two years . amount paid her to bank as mark up is :
a) 500
b)1000
c)2000
d)5000.
Answers
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Step-by-step explanation:
We will put the formula of simple interest
Sl=P×R×T/100
SI=50000×2×2/100=₹2000
The answer is ₹2000
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