Principle = ₹400, Rate interest = 5%, Time = 4 years.
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Answers
Answered by
1
Answer:
Rs.160
Step-by-step explanation:
Amount=400 Rs.
Time=8 Months
Interest=5 Paise per rupee
Simple Interest=400×8×
=160Rs.
Answered by
3
The required difference in amount and principal is SI = A - P.
Here, P = RS. 4000, R = 5%, T = 4 yr
According to the formula,
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