solve the following in detail.
please give me correct answer.
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Answer:
Simple interest = 480
Amount = 6480
Step-by-step explanation:
GIVEN :
Principle amount : 6000
Rate : 4%
Time : 2 years
Simple interest = ptr/100
SI = (6000)(4)(2)/100
SI = 480
Amount to be paid = principle + si
Amount = 6480
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