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30. A man deposited Rs 10000 in a bank at the rate of 5% simple interest annually. Find the amount in 15th year since he deposited the amount and also calculate the total amount after 20 years.
Answers (1)
Given : A man deposited Rs 10000 in a bank at the rate of 5% simple interest annually.
Interest in fifteen year 10000+ 14 times Rs. 500
Amount in 15 th year
Amount in 20 th year
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