write a program in java game accept the following value :
principal = Rs 10,000; rate = 5%; time = 3 years. calculate the simple interest for the given value.
[ °.° therefore, simple interest = P×R×T/ 100 ]
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1
Answer:
1500
Explanation:
Given..p=10,0000 , t=3 years r=5%
we know that S.I=ptr/100
substituting the values
i.e 10,000×3×5/100=Interest
15,0000/100=$1500
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