The compound interest on certain sum at 4% per annum for 2 years is rupees 357 calculate the simple interest for the same sum at the same rate and for the same period
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Answer:
₹28.46
Step-by-step explanation:
S.I = P ×R×T/100
= 357*2*4/100
= 2846/100
= ₹28.46
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