find simple interest on the sum of ₹400 for 5 years at 4.5 p.a.
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Step-by-step explanation:
Given total amount (P)= ₹400
rate of interest(R)= 4.5 p.a
time(T)= 5 years
we know that simple interest = P×T×R/100
=400×4.5×5/100
=9000/100
=90
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