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Find the simple interest on ₹ 1000 at 12...

Find the simple interest on ₹ 1000 at `12%` per annum for 3 years

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To find the simple interest on ₹1000 at a rate of 12% per annum for 3 years, we can use the formula for simple interest: **Simple Interest (SI) = (Principal × Rate × Time) / 100** ### Step-by-Step Solution: 1. **Identify the values:** - Principal (P) = ₹1000 ...
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Knowledge Check

  • Find the difference between the simple interest and the compound interest on Rs. 15000 at 12% per annum for 2 years (in Rs. ).

    A
    216
    B
    240
    C
    180
    D
    192

  • The differnce between the compound interest and simple interest on Rs x at 12% per annum for 2 years is Rs 43.20. What is the value of x ?

    A
    24
    B
    2800
    C
    3000
    D
    2500

  • Find the compound interest on Rs 40,000 at 12% per annum for a period of 2 years. (in Rs).

    A
    10176
    B
    8000
    C
    9176
    D
    10000

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    The difference between the interest obtained for Rs 1000 at 12% per annum for 3 years and that for Rs 1500 at 8% per annum for 1(1)/(2) years is Rs 360 (b) Rs 300 Rs 180 (d) Rs 200

    The simple interest on Rs 1800 at R% per annnum for 2 years is equal to the simple interest on Rs 4800 at 15% per annum in 1 years. Find the simple interest (in Rs) on Rs 2400 for 3 years at R% per annum.

    Find the difference between interest obtained for Rs1000 at 12% per annum for 3 years and that for Rs1500 at 8% per annum for 1(1)/2 years (in Rs).

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