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What will be the simple interest earned on an amount of ₹22000 in 8 months at $8\frac{1}{4}$% interest per annum? |
₹1013 ₹1012 ₹1210 ₹1215 |
₹1210 |
Simple Interest = \(\frac{P\;R\;T}{100}\), SI =$\frac{22000\;×\;8.25\;×\;8}{100\;×\;12} = 1210$. |
