if P = Rs 400, R = 5% p.a and T = 3 year, then simple interest is ________
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Simple interest = P×R×T / 100
Simple interest = P×R×T / 100= 400 × 5 × 3 / 100
Simple interest = P×R×T / 100= 400 × 5 × 3 / 100= 60 (ans)
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Answered by
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Answer - The answer is 60 .
Step-by-step explanation:
First Multipy P by R
Then multiply the product by T
Then divide it by 100.
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