Question
If Rs. 80,000 is invested at 9% per annum simple interest
for 6 years, how much amount will be received in the end?Solution
ATQ,
Simple interest = 80000 × (9/100) × 6 = 80000 × 0.54 = Rs. 43,200
Amount = 80000 + 43200 = Rs. 1,23,200
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