simran gave loan of 150000 to a farmer at rate of 10% for 3 years. show me process ( 199650) ans
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Answer:
195000
Step-by-step explanation:
Simple Interest=Principal×Rate×Time÷100
Simple Interest=150000×10×3÷100
Simple Interest=45000
Amount=Simple Interest+Principal
Amount=150000+45000
Amount=195000
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