Question

interest at
1. Rs 20,000 is invested at 5% interest rate p.a. Find the simple
the end of 3 years.​

Answer 1

Answer:

$\frac{20000 \times 5 \times 3}{100} = \frac{p \times r \times t}{100} \\ = 3000rs.$

Simple interest = 3000rs.

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