principal=6600,time=4years,rate=8%
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Given:-
Principal = 6600
Time = 4 yrs
Rate of Interest = 8 % p.a
To Find:-
Simple Interest
Formula Using:-
Explanation:-
Substituting values of P, T, R in the formula,
⇒
⇒ 66 × 4 × 8
⇒ 66 × 32
⇒ 2112
∴ The Simple Interest is ₹ 2112
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