Sonbeer is a mechanic. He works in a workshop. He saves part of his monthly earnings for future. In one year he saves Rs 25000. He deposited this amount in a bank for 2 years. The bank pays interest at the rate of 80/oper annum, compounded annually.
- What amount will he get from the bank at the end of 2 years?
- How much interest will Sonbeer get after 2 years?
- What quality does Sonbeer possess?
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