what is the Simple interest for 100 rupees at a rate of 5 % for 1 year ?
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Answer:
SI = ₹ 5
Step-by-step explanation:
P = ₹ 100
R = 5%
T = 1 year
SI = ( PRT ) / 100
SI = ( 100 x 5 x 1 ) / 100
So, SI = ₹ 5
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