Sonam borrowed rupees 45000 from abhay at the rate of 5% per annum. for 4 years how much did the pay back to abhay after 4 years?
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Step-by-step explanation:
principle = ₹45000,rate =5% time 4yrs
SI = PxRxT/100
45000x5x4/100 = 450x5x4 = ₹9000
Amount =₹45000+₹9000= ₹54000
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