The simple interest of $3$ years at $9 %$ p.a. of $R s . 5000$ is $R s . 1350$ .

True

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False

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Solution

The correct option is A True
Principal $=$ Rs. $5000$
Rate $= 9 %$ pa
Time $= 3$ years
Simple Interest $= \frac{P r i n c i p a l \times R a t e \times T i m e}{100}$
Simple Interest $= \frac{5000 \times 9 \times 3}{100}$
Simple Interest $=$ Rs. $1350$
Answer: Rs. $1350$ .

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