6. What is the interest on 100 at 18% per annum for 6 months ?
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Answer:
The answer is 9
Step-by-step explanation:
Simple Interest= Principal X Rate per annum X Time(in years)/100 X 12(As we had to make 6months an year)
S.I. = 100 X 18 X 6/100 X 12
= 9
Hope it helps you.
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