Question

P= 5,000, Rate = 16% per annum, time = 3 months.

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Answer 1

Answer:

I = 5000×16×3

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100 ×12

I=RS. 200 is the answer

it is the

Answer 2

Step-by-step explanation:

P=5000, rate =16%,time=3months=3/12=1/4years

S.I.=P×r×t/100

=5000×16×1/400

=200