Question

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6
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1. Find the simple interest at the end of one year for the following
(a) 400 at 5% interest per annum.
(b) 1,800 at 12% interest per annum.
(c) 2,500 at 4whole1by2 % interest per annum
(d) 3,200 at 6whole1by2% interest per annum.​

Answer 1

Answer:

simple interest 8s found using the equation

I = PNR/100

Where P=principle amount

N=no. of years

R=Rate of interest