Sarah takes a loan of 5000 Rs for 2 years to start a business from the bank at simple interest of 10% pa how much money did she repay the bank
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Answer:
this is simple interest therefore.
=5000×10×2÷100
=50×10×2
=500×2
answer = 1000
Sarah repaid the bank 1000 Rs extra
Sarah total money returned is
5000+1000=6000
Step-by-step explanation:
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