Find simple interest on ₹ 5000 at 4% per annum for 6 months.
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Answer:
Simple interest = 600
Amount = 5600
Step-by-step explanation:
Simple interest = PRT/100
= 5000*2*6/100
= 60000/100
= 600
Amount = P + S. I.
= 5000+600
= 5600
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