5) What would be the yearly interest on 76000 at 10 p.c.p.a.?
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Step-by-step explanation:
- FOR YEARLY INTEREST TAKE TIME = 1YEAR
GIVEN:-
P = 76OOO
R = 1O%
T = 1
S . I = P × R × T \ 1OO
76OOO × 1O × 1 \ 1OO
= ₹ 76OO INTEREST PER ANNUM
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