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Principal (P)=Rs. 1200, Rate (R)=12%, Ti...

Principal `(P)=Rs. 1200`, `Rate (R)=12%`, `Time (T)= 3 years`,`Interst (I)=?`, `Amount (A)=?`

Text Solution

Verified by Experts

`I=(P*R*T)/100`
`I=(1200*12*3)/100` `I=432s`
Amount=Principal+Interest
`A=1200+432`
`A=1632Rs`.
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