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Principal = 2650, rate
*2650, rate = 8% p.a. and time = 2 years.
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Correct Question:
Principal = Rs.2,560 , Rate of interest is 8% p.a. and time is 2years. Then, whaT will be Simple intrest ?
Answer :
→ Principal = ₹2,560
→ Rate of interest = 8% p.a.
→ Time = 2years.
Now, we will have to find the simple interest on putting the formula ·_
→ S.I=P×R×T/100
→ [Substituting]
→S.I = 2,560 × 8×2/100
→ S.I = 2,56×4× 2/5 = 2048/5 = 49.6
→ S.I = ₹49.6✔️
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