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- Find the simple interest that Ram has to pay if he borrows Rs 500 for a period of 5 yrs at the rate of 5% p.a.
. Find the simple interest that Ram has to pay if he borrows Rs 500 for a period of 5 yrs at the rate of 5% p.a.
Find the simple interest that Ram has to pay if he borrows Rs 500 for a period of 5 yrs at the rate of 5% p.a.
(a) Rs 200
(b) Rs 150
(c) Rs 100
(d) Rs 125
Best Answer
(d) S.I. = (P × R × T)/100 = (500 × 5 × 5)/100 = 125
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