Q. A person deposits Rs. 9000 in a bank at 7% SI for 2 years. What will be the amount?
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Correct Answer: (B)
Rs. 10260
Explanation: SI = 9000×7×2/100 = 1260. Amount = 9000 + 1260 = 10260.
Explanation by: Mr. Dubey
SI = 9000×7×2/100 = 1260. Amount = 9000 + 1260 = 10260.