Find the simple interest on ₹ 15000 invested at the rate of 8 p.c.p.a for 5 years
₹5000
₹8000
₹7000
₹6000
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P = ₹ 15000
R = 8 p. c p. a
T = 5 years
SI = P × R × T /100
SI = ₹ 15000 × 8 × 5 /100
SI = ₹6000
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