Find the simple interest on ₹1500 at 4% per annum for 5 years.
Correct Answer: C. ₹300
SI = PRT/100 = 1500×4×5/100 = ₹300.
SI = PRT/100 = 1500×4×5/100 = ₹300.
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Find the simple interest on ₹1500 at 4% per annum for 5 years.
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Correct answer: C. ₹300