x is the simple interest on amount 60,000 at 2 percent interest in 2 years time. find the value of x
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Step-by-step explanation:
si=x
A=60000
t=2
r=2%
P=60000-x
si=p*t*r/100
x=60000-x*2*2/100
x=60000-x/25
25x=60000-x
26x=60000
x=2307.7
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