the simple interestat 5%p.a for 5 years will be Rs. 5 on principal of?
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Answer:
₹20
Step-by-step explanation:
SI=PRT/100
SI=Simple interest
p=principal
r=rate of interest
t=time
P=?
SI=₹5
R=5%
T=5 years
5=P*5*5/100
500=25P
P=₹20
hope it helps
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