Find the Simple interest on Rs. 6300 at 10% per annum for 2 years.
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Formula used:
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Given : Principal Rs. 6300 at 10% per annum for 2 years.
Need To Find : Simple Interest or SI .
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❍ The Formula for Simple Interest or S.I is given by :
Where,
- P is the Principal, R is the Rate of Interest & T is the Time .
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Therefore,
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