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Find the simple interest on Rs. 5200 for 2 years at 6% per annum.

1Rs. 450
2Rs. 524
3Rs. 600
4Rs. 624

Answer:- 1

Explanation:-

Solution:

\begin{aligned} P = Principal Amount \\ T = Time period \\ R = Rate of Interest \\ I = \frac{P \times T \times R}{100} \\ I = \frac{5200 \times 2 \times 6}{100} \\ I = 624. \end{aligned}

$\eqalign{ & {\text{P = Principal}}\,{\text{Amount}} \cr & {\text{T = }}\,{\text{Time}}\,{\text{period}} \cr & {\text{R = Rate}}\,{\text{of}}\,{\text{Interest}} \cr & I = \frac{{P \times T \times R}}{{100}} \cr & I = \frac{{5200 \times 2 \times 6}}{{100}} \cr & I = 624. \cr}$

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "

Solution:

\begin{aligned} P = Principal Amount \\ T = Time period \\ R = Rate of Interest \\ I = \frac{P \times T \times R}{100} \\ I = \frac{5200 \times 2 \times 6}{100} \\ I = 624. \end{aligned}

$\eqalign{ & {\text{P = Principal}}\,{\text{Amount}} \cr & {\text{T = }}\,{\text{Time}}\,{\text{period}} \cr & {\text{R = Rate}}\,{\text{of}}\,{\text{Interest}} \cr & I = \frac{{P \times T \times R}}{{100}} \cr & I = \frac{{5200 \times 2 \times 6}}{{100}} \cr & I = 624. \cr}$ ", "dateCreated": "7/24/2019 10:09:12 AM" } }

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