Fill in the blanks to make the statements true.
The _________ of interest on a sum of
Rs 2000 at the rate of 6% per annum for
years and 2 years is Rs 420.
Given, P = 2000 and R = 6%
For
year
⇒ we know that I = ![]()
= ![]()
= 180
For 2 year
= ![]()
= 240
∴ the sum obtained is 180 + 240 = 420
Couldn't generate an explanation.
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