What amount a person will get after 3 1by2 years at 6% per annum if he invited rupees 3.2 lakhs in a bank
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S.I. ={320000×6×(31/2)} /100
= 3200×3×31
= 99200×3
=297600
∴ The amount = (320000+297600)
= 617600
= 6.1760 lakhs
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