1. Find the simple interest on a principal of 312,000 for 4 years at the
rate of 5% per annum. Also find the amount.
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Answer:
s.i.=62400
Step-by-step explanation:
p=312000
r=5%
t=4 years
s.i.=p*r*t/100
=312000*5*4/100
=3120*5*4
=15600*4
=62400
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