Find the simple in terest for RS 1000 for 3 years at the rate of 5%
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Answer:
S.I. = p× r×t/100 = 150 ans.
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Step-by-step explanation:
Simple Interest = (P × R × T) / 100
P = ₹1000
R = 5%
T = 3 yrs
S.I. = (1000×5×3)/100
= 150
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