Question
Find the simple interest on Rs. 6500 at 9% per annum for
4 years.Solution
ATQ, SI = (P × R × T) / 100 P = 6500, R = 9, T = 4 SI = (6500 × 9 × 4) / 100 = (6500 × 36) / 100 = 234000 / 100 = 2340
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