The simple interest on a certain sum of money for 5 years is 24,500. What is the simple interest
on the same sum of money for 3 years at the same rate of interest?
pls ans this!!
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1
Answer:
Using formula,
100
PRT
=SI
⇒P=
RT
SI×100
=
4×5
800×100
=Rs4000
Example.
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