Find the simple interest on Rs. 10,000 for 5 years at the rate of 8 pcpa.
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Step-by-step explanation:
simple interest = pit
= 10000 × 8% × 5
= 4000
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Answer:4000000
Step-by-step explanation:
Principal=rupees 10000
Rate of Interest=8% pa
Time=2 1/2years=5/2years
Therefore, SI=PTR/100
=(10000*8*5)/100
=4000000
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