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A sum of Rs. 12660 lent on simple intere...

A sum of Rs. 12660 lent on simple interest at the rate of `15%` p.a. for 5 years. Find the amount at the end of 5 years.

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To find the amount at the end of 5 years when Rs. 12,660 is lent at a simple interest rate of 15% per annum, we will follow these steps: ### Step 1: Identify the values - Principal (P) = Rs. 12,660 - Rate of interest (R) = 15% per annum - Time (T) = 5 years ### Step 2: Calculate the Simple Interest (SI) The formula for Simple Interest is: \[ SI = \frac{P \times R \times T}{100} \] Substituting the values into the formula: \[ SI = \frac{12660 \times 15 \times 5}{100} \] ### Step 3: Perform the calculations 1. Calculate \( P \times R \times T \): \[ 12660 \times 15 \times 5 = 949500 \] 2. Now divide by 100 to find the Simple Interest: \[ SI = \frac{949500}{100} = 9495 \] ### Step 4: Calculate the Total Amount (A) The total amount at the end of 5 years is given by: \[ A = P + SI \] Substituting the values: \[ A = 12660 + 9495 \] ### Step 5: Perform the final addition \[ A = 22155 \] ### Final Answer The amount at the end of 5 years is Rs. 22,155. ---

To find the amount at the end of 5 years when Rs. 12,660 is lent at a simple interest rate of 15% per annum, we will follow these steps: ### Step 1: Identify the values - Principal (P) = Rs. 12,660 - Rate of interest (R) = 15% per annum - Time (T) = 5 years ### Step 2: Calculate the Simple Interest (SI) ...
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