Find the simple interest on ₹ 12000 for 2 years at 8 % per annum.
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Answer: pls mark me as brainliest
Step-by-step explanation:
Firstly, multiply the principal P, interest in percentage R and tenure T in years. For yearly interest, divide the result of P*R*T by 100. To get the monthly interest, divide the Simple Interest by 12 for 1 year, 24 months for 2 years and so on.
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