sujal deposited rs 10000 in a savings bank account .The bank pays interest 5% per annual what amount can sujal get after 2 years
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Step-by-step explanation:
p=10000
t=2yrs
r=5%
A=p(1+r/100)2
A=10000(1+5/100)2
A=10000*105*105/10000
A=105*105
A=11025
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principal=rs10000
rate%=5%
time =2yrs
S. I. =PxR xT/100
S. I. =10000x5x2/100
= 100x5x2
= rs1000
A=P+S.I.
A= 10000+1000
A= rs11000
hence rs11000 can get by sujal after 2years.
hope it is helpful for you
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