Find the simple interest on ₹6300 at 8% per annum for 8 months.
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Answer:
simple interest 336 rs
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Principal= ₹ 6300
Rate = 8%
Time = 8 months=》 8/12 years
SI ( simple interest) =》 P×R×T
= 6300×8/100×8/12
=₹ 336
SI= ₹336
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