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1: Reena gets an amount of Rs 50,000 from a bank at a simple interest of 10% per annumfor 2 years. Find the following.a) Amount of interestb) Total amount to be returned to bank after 2 years. |
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Answer» a) 50000*10*2/100 = 10000 rupees b) 50000+10000 = 60000 rupees |
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