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The amount of simple interest on a sum of Rs. 4800 at the rate of 5% per annum simple interest in 2 1/2…

Simple Interest \(\text{SI} = \frac{P \times R \times T}{100} = \frac{4800 \times 5 \times 2.5}{100} = \text{Rs. } 600\).

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The amount of simple interest on a sum of Rs. 4800 at the rate of 5% per annum simple interest in 2 1/2 years will be :

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Simple Interest SI=P×R×T100=4800×5×2.5100=Rs. 600\text{SI} = \frac{P \times R \times T}{100} = \frac{4800 \times 5 \times 2.5}{100} = \text{Rs. } 600.

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  • Rajasthan Clerk Grade 2

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