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Jatin borrowed a sum of Rs 10000 from Rahul in an hour of need . Rahul gave the money happily but charged some interest at the rate of 15%p.a. for 2 years . Calculate the interest paid by him. |
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Answer» Answer: simple interest= P×R×T/100 Step-by-step EXPLANATION: PRINCIPAL = 10000 rate =15% time = 2 years simple interest= 10000×15×2/100 = 3000 |
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