Find the Simple Interest for 4 months on a principal amount of Rs 600 at 5% rate of interest per annum?
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Answer:
the simple interest = ₹10
Step-by-step explanation:
principle P= ₹600
Rate of interest R =5%
Time T = 4months = 4/12year
interest I = PTR/100 =( 600×4/12×5)/100= 10
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