Question

Find the simple interest for 1 year on Rs 300 at 5%
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Answer 1

Answer:

SI= P*R*T/100

=300 *5*1/100

=15 answer

Answer 2

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P = Rs 100

R = 5%

T = 1 year

S.I = P×R×T/100

S.I = 100×5%×1/100

=> Rs 15