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what is the simple intrest on Rs 2000 for 2 years at the rate of intrest of 10 percentage per annum? |
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Answer» ∴ Simple INTEREST = Rs.400 Step-by-step explanation: PRINCIPLE = Rs.2000 Time = 2years Rate of Interest = 10% per annum Simple Interest = PRT / 100 Simple Interest = 2000 x 2 x 10 / 100 Simple Interest = 200 x 2 Simple Interest = 400 ∴ Simple Interest = Rs.400 |
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