What will the interest be on Rs 600 for 3years 6months and 20days at 6% per annum
Answers
Answered by
2
Answer:
1.97 Rs
Step-by-step explanation:
Assuming simple interest (not compounded)
600 Rs x 0.06 per year x3.5 years = 126 Rs
600 Rs x 0.06 per year x 20 days x 1year/365 days = 1.97 Rs
Answered by
0
54 Rs
Would be the simple interest
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