Find the simple interest on
1. Rs. 450 for 4 years at 5 %
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Step-by-step explanation:
Let the principal be Rs. P.
S.L = P×R×T. P. P×4×R
----------. ⇒ ----- = ---------------
100. 4. 100
100. 25
⇒R= -------. =. --------. % per annum
16. 4
. SI × 100
⇒P= ----------. ⇒P= (450-p) × 100
R×T
⇒P= 450×8-8P
⇒9P=450×8 ⇒P = Rs.400
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