Math, asked by yashlogistics88, 4 months ago

calculate simple interested on 1000 rupees at 4% per annum for 1 year

Answers

Answered by asahilthakur

0

Answer:

Rs.40

Step-by-step explanation:

Principal (P) = Rs.1000

Rate (R) = 4% per annum

Time (T) = 1 year

Simple Interest (SI) = PRT/100

=> SI = 1000 × 4 × 1/100

=> SI = Rs.40

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