find the interest of principal of Rs 1,200 at the rate of %9 per in one year
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Answer:
p = 1200
r = 9% p.a.
time = 1year
therefore S.I. = (p × r × t)/100
= (1200×9×1)/100
= 12×9×1
= 108
therefore, S.I. on Rs. 1200 = R.s. 108 Ans.
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