find the simple interest. P = 1200 ; R =5% ; T = 2 years
write the steps for the answer
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Answer:
₹120
Step-by-step explanation:
given
Principal amt ( P) = 1200
Rate of interest (R) = 5%
No of Years ( N) = 2
Sinple interest = PXNXR
-------------
100
= 1200 × 5× 2
-------------------
100
=₹120
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