Q30. Find the simple interest on 6250 at 4% per annum for 6 months. Also find the amount.
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Step-by-step explanation:
Given :
Principle = Rs. 6250
Rate = 4% Time = months = 0.5 years.
Now.
SI = P×R×T
---------
100
SI= 6250 X 4 X 0.5
----------------------
100
SI = 125.
Hope this helps you
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