Question

Find the interest paid at the rate 7p.c.p.a. for 3 years if

borrowed amount is rupees 4200​

Answer 1

Answer:

Rs.882

Step-by-step explanation:

P(principal)=Rs. 4200

R(rate)=7%

T(time)=3 yrs

∴SI=$\frac{PRT}{100}$

⇒4200×3×7/100

⇒42×21

⇒Rs.882=interest

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