find the interset on a sum of Rs 12600 for 2 years at 4 % of annum per
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Answer:
1008
Step-by-step explanation:
SI = ( PTR ) / 100
where
SI = Simple interest
P = Principle
T = time in years
R= rate of interest
SI = ( 12600*2*4 ) / 100
SI = 100800 / 100
SI = 1008
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