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Which among the following is the simple interest for the principle of Rs 1,000 for one year at the rate of 10% interest per annum? (i) Rs 200 (ii) Rs 10 (iii) Rs 100 (iv) Rs 1,000 |
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Answer» (iii) Rs 100 Interest = \(\frac{pnr}{100}\) = \(\frac{1000\times1\times10}{100}\) = Rs 100 |
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