find simple interest
₹648 for 8 months at 16 percent per annum
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Answer:
829.44
Step-by-step explanation:
Simple Interest = Principal × Rate of interest in percentage × Time
I = P × R × T / 100
I = 648 × 16 × 8 / 100
I = 82944 / 100
I = Rupees 829.44
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