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14 February, 08:42

Find the simple interest and the total amount after two years. Principal = 2500=2500 rupees Annual rate of interest = 9 / %=9%

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  1. 14 February, 10:42
    0
    2,950 Rupees

    Step-by-step explanation:

    To find the simple interest, we can use the formula:

    A = P (1 + rt)

    Now we can simply substitute the values given in the formula.

    Before anything, it is a good practice to define the values of each variable.

    P = 2,500

    r = 9% or 0.09

    t = 2

    Now we proceed to use the values in the formula.

    A = 2,500 (1 + (0.09 * 2))

    A = 2,500 (1 + 0.18)

    A = 2,500 (1.18)

    A = 2,950.00 Rupees
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