What sum will amount to Rs.43200
at 5% p.a simple interest in 4 years ?
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Answer:
Rs. 19,440
Step-by-step explanation:
By using S.I. formula-
P=43200, N= 4 , R= 5
I= P×N×R/100
I= 43200× 4× 5/100
I=Rs. 19440
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