Simple Interest at the end of 2 years for Rs. 1800 at 12% interest per annum is
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Answer:
SIMPLE INTEREST=532RS
Step-by-step explanation:
PRINCIPAL=1800RS
RATE OF INTEREST=12%
TIME=2YEARS
SIMPLE INTEREST=PRINCIPAL×RATE×TIME
100
=1800×12×2
100
=18×12×2
=532
AMOUNT =PRINCIPAL+SIMPLE INTEREST
=1800+532
=2332RS
SIMPLE INTEREST =532RS
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