What will be the amount when rupees 10000 is deposited in the bank at 10% per annum?
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1000 is the annum this right
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According to given sum
principle =10,000
Time=1 year
Rate per annum=10
Interest =PTR/100
=10,000×1×10/100
=1,000
Amount =principle+Interest
=1,000+10,000
=11,000.
:-)hope it helps u.
principle =10,000
Time=1 year
Rate per annum=10
Interest =PTR/100
=10,000×1×10/100
=1,000
Amount =principle+Interest
=1,000+10,000
=11,000.
:-)hope it helps u.
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