SOLVE THE FOLLOWING. JAIMIN TAKES RS. 10000 AT 12%PER YEAR AS RATE OF INTEREST, FOR 2 YEARS. HOW MUCH INTEREST HE HAS TO PAY AT THE END OF TWI YEARS?
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Si= 1000
A= 12%
T= 2 year
SI = PXRXT To 100
1000 x 1200 x2
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