Question
Find the simple interest and amount on Rs 9,000 at 7%
per annum for 3 years.Solution
SI = (P × R × T) / 100 = (9000 × 7 × 3)/100 = (9000 × 21)/100 = 189,000/100 = Rs 1890 Amount = Principal + Interest = 9000 + 1890 = Rs 10,890 Answer: SI = Rs 1890, Amount = Rs 10,890.
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