Sunil deposited Rs.4000 in a bank. which gives 11% interest. How much would he get back after 3 year
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Answer:
5320 rs
Step-by-step explanation:
given :
P=4000, R= 11% PA, T= 3years
SI= PRT/100= 4000*11*3/100= 40*11*3
= 40*33=1320 RS
amount = P+SI= 4000+1320
= 5320
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