Draw the graph between simple interest verus time on amount rs.5000 at the rate of 5% p.a.
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Answer:
Step-by-step explanation:
Amount P = Rs 2000
Rate of interest = 4 % per Annum
T = time in Years
Simple interest = P * R * T/100
= 2000 * 4 * T/100
= 80T
Time in Years Simple interest in Rs
1 80
2 160
3 240
4 320
5 400
6 480
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