2. Rahim borrowed 8000 Irom a moneylender at an interest of 2% per month. How muchsimple interest he has to pay tor 4 months ?
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SOLUTION :
Let the,
Principle/P. = 8000
Rate/R. = 2% per month
Time/T. = 4 months
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S.I. = P*R*T/100
S.I. = 8000*2*4/100
S.I. = 640 ( ANSWER )
___________________
Let the,
Principle/P. = 8000
Rate/R. = 2% per month
Time/T. = 4 months
___________________
S.I. = P*R*T/100
S.I. = 8000*2*4/100
S.I. = 640 ( ANSWER )
___________________
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