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    Question

    Find the simple interest on Rs 5,000 at 6% per annum for

    3 years.
    A 900 Correct Answer Incorrect Answer
    B 700 Correct Answer Incorrect Answer
    C 600 Correct Answer Incorrect Answer
    D 450 Correct Answer Incorrect Answer

    Solution

    ATQ, SI = (P × R × T) / 100 = (5000 × 6 × 3)/100 = 5000 × 18 / 100 = 900.

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