Answer the following question:
1) find the simple interest of rp 1000 kept for 2 years at 3% rate of interest.
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Answer:
Rs 60
Step-by-step explanation:
intrest of Rs 1000 for one year at the rate of 3% = 1000×3/100 = 30
for 2 years ot would be 30×2=60
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Answered by
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Step-by-step explanation:
SI = P×R×T
1000×3/100×2
=60
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