Example problems I — task. Mathematics CBSE, Class 8.

UPSKILL MATH PLUS

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A sum of

$₹10000$ is borrowed at a rate of interest

$15 \%$ per annum for

$2$ years. Find the simple interest on this sum and the amount to be paid at the end of

$2$ years.

Answer:

Simple interest for

$2$ years

$= ₹$

Amount to be paid at the end of

$2$ years

$= ₹$

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