Find the simple interst on ₹68,000 for 9 months at 6% per annum
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Answer:
P= 68000
R=6% p a = 6/4% quarterly
T= 9 months or 3 quarters
SI = P×R×T÷100
= 68000×6×3÷100×4
=3060
SI=Rs 3060
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