find the simple interest on rs 6300 at 8 %per annum for 8 months
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Principal, P = Rs. 6300
Rate, R = 8%
and Time, T = 8 months = 8/12 = 2/3 yrs
So, SI = P*R*T/100 = 6300*8*2/300 = 63*8*2/3 = 21*8*2 = Rs. 336
Rate, R = 8%
and Time, T = 8 months = 8/12 = 2/3 yrs
So, SI = P*R*T/100 = 6300*8*2/300 = 63*8*2/3 = 21*8*2 = Rs. 336
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