ratul took a loan of rs 5000 frim a bank at 12 % simple interest per amount he had to pay to the bank after 3 years
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Answer:
Simple Interest = ₹1800
Step-by-step explanation:
Principal = ₹5000
Rate = 12%
Time = 3 years
Simple Interest = P×R×T
100
Simple Interest = 5000×12×3
100
Simple Interest = ₹1800
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