A sum of ₹8000 is borrowed at the rate of 5%p.a for 3 years. Calculate the Simple Interest to be paid at the end of 3 years.
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Answer:
₹ 3600
Step-by-step explanation:
SI = (P x R x T)/100
= (8000 x 15 x 3)/100
= ₹ 3600
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syedmateensma:
ans is 3600 sorry for the mistake
i got it wrong in rate
rate is 15
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