1. The SI earned for a sum of Rs. 60, 000/- in 10 months at the rate of 8% p. ais (1 mark) a) Rs. 6000 b) Rs. 4000 c) Rs. 4800 d) none of these
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Answer:
Rs.4000(b)
Step-by-step explanation:
given,
Principal=Rs.60,000/-
Time=10 months=10/12years
Rate=8%p.a
SI=p*r*t/100
SI=(60000*10*8)/(100*12)
=(48,00,000)/1200
=Rs.4000
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