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Shyam borrowed 4000 from a money lender for 3 years at 8% per annum simple interest. Find
the simple interest and the amount paid by Shyam after 3 years.
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Answer:
Simple interest =ptr/100
= 4000×3×8/100
=Rs.960
Amount =s.i+p
=4000+960
=Rs.4960
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