Question

Simple interest rate of rupees 1000 ke for two years and 3/ rate of interest

Answer 1

Answer:

₹60

Step-by-step explanation:

Use the Simple Interest Formula:

$= \frac{ptr}{100}$

$= \frac{1000 \times 2 \times 3}{100}$

$= 10 \times 6 \\ = 60$

= ₹60

==> The Simple interest is ₹60.

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