49) What is the interest earned, when an amount of ₹ 4,000 is invested under simple interest for 6 months at a rate of interest of 10%?.explain it
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Answer:
200₹
Step-by-step explanation:
P =4000 ₹
Rate of interest =10%
Interest for six months, 0.5 years
S. I= (pnr)/100
(4000x10x0.5)/100=200₹
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