Question

iii) Rs 3400 for 6 months at 6 paise per rupee per month.
[Hint : Here, rate of interest = 6 paise/Rs per month = 6% per month).
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Answer 1

Answer:

Given Principal amount =Rs.200

Time period =7

Rate of interest 5 paisa per rupee per month

So S.I=200×5×7=7000 paisa =Rs.70

Answer By