1. Find the simple interest and the amount. a. P= ₹1800 , R = 5% T= 1 year
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Answer:
I = PRT/100 = 1800 x 5 x 1 /100 = 18 x 5 = 90
A = 1800+90=1890
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To find : simple interest and amount
Given : P = ₹ , R = , T = year
- We know that , the simple Interest of an amount is calculated by multiplying the interest rate by the principal amount and the time period. the time period in years.
- Where , P = Principal Amount , T = Time in Years , R = Rate of Interest per Annum.
- Hence , SI is Rs .
- Amount = S.I + principal amount
Hence, the S.I is Rs and amount is Rs .
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