Find the simple interest and amount on Rs. 5000 for 6 months at the rate of 5% per annum
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Step-by-step explanation:
principal=5000
time=6 months
12months=1 year
therefore, 6 months=1/2year
rate of interest=5%p.a
S.I=PRT/100
5000×5×1/100×2=125
amount=p+S.I
5000+125=5125
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