Find the simple interest and amount to be paid on 1,500 for 3years at 8%
p.a.
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1
Answer:
Simple interest = principle × Rate × number of years / 100
= 1500×3×8/100 = ₹360
Answered by
1
Principle=1500; Time=3 years; Rate=8%
S.I.=(PTR)/100
S.I.= (1500×3×8)/100
S.I.= 360
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