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Mark the correet alternative in each of the followrngI. If the simple interest on a certain sum for 2 years at the rate of 5 % per annum is? 4000, thenthe sum is(d 48.000 |
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Answer» Given simple interest of Rs. 4000/- at 5% p.a. and period is 2 years. In that case annual simple interest at Rs. 2000/- i.e. 4000/2= Rs. 2000 Now 2000 /5% =40,000/- Hence the sum is Rs. 40,000/- |
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