Question

claculate the simple interest on a sum of rs 900 for five years at tge rate if 6% pa. explain the whole process and solve​

Answer 1

Answer:

27000 Rs.

Step-by-step explanation:

☯ Given:

Principal Amount: 900 Rs

Time: 5 Years

Rate: 6% per annum

☯ Solution:

Simple Interest: P*R*T = 900*5*6 = 27000 Rs.

∴ Simple Interest= 27000 Rs.

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