Find the simple interest on a loan of ₹25000 at the rate of 8% per annum at the end of 5 years
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Answer=10000
Step-by-step explanation:
P=25000
T=5yrs
R=8%
simple interest=PTR/100
=25000.8.5/100
25000.40/100
=250.40
=10000
Hence answer is 10000
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