Ram invest 3000rs. At the rate of 8% for 7 years. What amount ram gets after 7
years by simple interest?
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1
Answer:
1680 rs
Step-by-step explanation:
simple interest = P x R x T / 100
= 3000 x 8 x 7 / 100
= 168000 / 100
= 1680 rs
total = 3000 + 1680 = 4680 rs
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