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# If the principle sum is Rs 5000 find the simple interest and the amount at the end of two years at the rate of 5%.

**Given:**

**
**Principle = Rs 5000

Time = 2 yrs

Rate = 5%

**
**

**To Find: **We have to find the simple interest.

Solution:

Simple interest SI = $\frac{PTR}{100}$

= $\frac{(5000 \times2 \times 5)}{100}$

= Rs 500

The amount at the end of 2 yrs

= Principle $+$ SI = 5000 $+$ 500 = Rs5500

**Therefore the amount is Rs 5500**

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