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What sum of money will get an interest of Rs.1200 at 6% per annum for 2 years?
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11 votes
What sum of money will get an interest of Rs.1200 at 6% per annum for 2 years?

User Jjpcondor
by
6.9k points

1 Answer

8 votes

Answer:

Rs10000

Explanation:

Sum of money=1200×100/6×2

=120000/12=Rs10000

User Bamboo
by
7.5k points
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