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8000 becomes rs 10000 in two years at simple intrest . The amount that will?
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8000 becomes rs 10000 in two years at simple intrest . The amount that...
Calculation of Simple Interest
Given, Principal (P) = Rs 8000, Time (t) = 2 years, Simple Interest (SI) = Rs 2000 (as 8000+2000=10000)
Using the formula for Simple Interest,
SI = (P x R x t) / 100
2000 = (8000 x R x 2) / 100
R = 2000 x 100 / (8000 x 2)
R = 12.5%

Calculation of Amount
Using the formula for Amount,
Amount = Principal + Simple Interest
Amount = Rs 8000 + Rs 2000
Amount = Rs 10000

Conclusion
The amount that will become Rs 10000 in two years at simple interest is Rs 8000, with a Simple Interest of Rs 2000 at the rate of 12.5%.
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8000 becomes rs 10000 in two years at simple intrest . The amount that...
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8000 becomes rs 10000 in two years at simple intrest . The amount that will?
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8000 becomes rs 10000 in two years at simple intrest . The amount that will? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 8000 becomes rs 10000 in two years at simple intrest . The amount that will? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 8000 becomes rs 10000 in two years at simple intrest . The amount that will?.
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