Simple interest on Rs. 2,000 for 5 months
at 16% p.a. is _________.
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2
Answer:
₹133.33
Step-by-step explanation:
P = ₹2000
T = 5/12 years
R = 16% p. a.
SI = (P×T×R)/100
= (2000 × 5 × 16) / 100 × 12
= ₹133.33 ans.
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