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The simple inteRs.et on a sum of Rs. 120...

The simple inteRs.et on a sum of Rs. 12000 is Rs. 1440. Find the amount after 5 yeaRs..

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Interest for one year=Rs.1440
Interest for five yeaRs.`=Rs.(1440xx5)=Rs.7200`
`:." Amount=Principal + Interest"`
Amount after five yeaRs.`=Rs.12000+Rs.7200=Rs.19200`
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