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11 March, 14:33

Find interest and amount to be paid on rupees 15000 at 5% per annum after 2 years

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  1. 11 March, 14:56
    0
    Here

    Principal (P) = 15000

    Time (T) = 2years

    Rate (R) = 5% p. a.

    Interest (I) = PTR/100

    =15000*2*5/100

    =1500

    Amount (A) = P+I

    =15000+1500

    =16500
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