Find the simple interest on 400.00 for 4years at 6% per annum
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400.00× 6×4/12 = answers is 800
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Answer:
simple interest = P x R x T
100
Principle ( P) = 400
Rate. (R) = 6%
Time. *T) = 4 yrs
S. I. = 400 x 6 x 4 = Rs. 96
100
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