Find the simple interest at the end of one year for the following 1. ₹400 at 5% interest per annum .
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Step-by-step explanation:
as we known that
SI=prt÷100 -(1)
so, p=400
r=5% and
t=1 year
putting these values in the eq 1
sI= 400×5×1÷100
=200
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