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A man borrowed Rs. 15000 at the rate of 8% per annum for 4 years. Find the simple interest. |
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Answer» rincipal = Rs. 15000Rate = 8 %Time = 4 yearsWhat To Find:We have to simple interest.FORMULA used:Solution:USING the formula,⇒ Substitute the value,⇒ Cancel the ZEROS,⇒ Multiply the NUMBERS,⇒ ∴ THEREFORE the simple interest is Rs. 4800. |
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