principal =rs 2000, rate of interest =6% per annum, time=4 year find the simple interest
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Formula of Simple Interest = (Principal × Interest × Time) ÷ 100
So, SI = (2000×6×4)÷100
= 48000 ÷100
= ₹ 480.
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Principal= ₹2000
Rate of interest= 6% per annum
Time= 4 year
S.I=P*R*T/100
Therefore, S.I= 2000*6*4/100
480 (answer)
Rate of interest= 6% per annum
Time= 4 year
S.I=P*R*T/100
Therefore, S.I= 2000*6*4/100
480 (answer)
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