Question

Find interest of 3 years at the rate of 10% per annum on principal 1000.
(a) 300
(b) 3000 (c) 1000 (d) 2000
Pind the
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Answer 1

Answer:

simple interest = (P×R×T)/100

= (3×10×1000)/100

=300

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Answer 2

D bit is the right

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