Find the simple interest and amount on rs 14000 for 3 years at 4 % p.a.
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Answer:
answer is 1660
Step-by-step explanation:
- we know simple interest=P×T×R÷100
- so,putting the value,we have-1400×3×4÷100
- after cancelation,we have,140×3×4=1660
- therefore the simple interest isRs.1660
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