Find the Simple Interest for Rs. 52000 for 5 years at the rate of 5 p.c.p.a *
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Answer:
₹13000
Step-by-step explanation:
Principal (P) = ₹52000
Rate (R) = 5%
Time (T) = 5 years
Simple Interest (SI) = PRT/100
=> SI = 52000 × 5 × 5/100
=> SI = ₹13000
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