Question

Principal = ₹6050, Rate = 6.5% p.a. and Time = 4 years
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Answer 1

Answer:

simple interest

p=6050

R=6.5%

T=4 years

SI=p x R x T/100

SI=6050 ×65 × 4 /100 ×10

SI=1573000 /1000

SI= 1573