Saritha borrows rupees 12000 at 6% per annum simple interest find the interest she pays after 2 years
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Step-by-step explanation:
(12000 × 6/100)² = 12000 × 6/ 100 = 720
intrest she has to pay after 1 year = 12000 + 720 = 12720
intrest she has to pay after 2 year = 12000 + (720+720) = 13440
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