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Nana76 [90]
3 years ago
6

Find the following sum : Rs700 for 6 months at 6%p.a simple interest​

Mathematics
1 answer:
Dahasolnce [82]3 years ago
5 0

\LARGE{\sf{\underline{\underline{Solution:-}}}}

Given

Principal = Rs 700

Time = 6 months = 6/12 years = 1/2 years

Rate = 6 % p.a.

To Find

Amount

Formula

Amount = Principal + Simple Interest

So let us firstly find the Simple Interest,

S.I. = (P × R × T)/100

= (700 × 6 × 1)/ 100 × 2

= 7 × 3

= Rs 21

Hence;

Amount = 700 + 21

= 721 <u>Ans</u><u>.</u>

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