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Understanding Simple Interest (Changing Time)

The simple in...

Question

The simple interest on a sum of Rs.1500 at an interest rate of 4 percent for 1 year will be

A

Rs 60

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B

Rs 70

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C

Rs 80

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D

Rs 90

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Solution

The correct option is A Rs 60
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Understanding Simple Interest (Changing Time)

Standard VII Mathematics

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