Step-by-step explanation:

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Answer:

Given :-

• The principal is Rs 600, time period is 4 years and the rate of interest is 4%.

To Find :-

• What is the simple interest.

Formula Used :-

[tex]\clubsuit[/tex] Simple Interest Formula :

[tex]\bigstar \: \: \sf\boxed{\bold{\pink{S.I =\: \dfrac{P \times r \times n}{100}}}}\: \: \: \bigstar\\[/tex]

where,

• S.I = Simple Interest
• P = Principal
• r = Rate of Interest
• n = Time Period

Solution :-

Given :

• Principal = Rs 600
• Rate of Interest = 4%
• Time Period = 4 years

According to the question by using the formula we get,

[tex]\implies \bf S.I =\: \dfrac{P \times r \times n}{100}[/tex]

[tex]\implies \sf S.I =\: \dfrac{600 \times 4 \times 4}{100}[/tex]

[tex]\implies \sf S.I =\: \dfrac{600 \times 16}{100}[/tex]

[tex]\implies \sf S.I =\: \dfrac{96\cancel{00}}{1\cancel{00}}[/tex]

[tex]\implies \sf S.I =\: \dfrac{96}{1}[/tex]

[tex]\implies \sf\bold{\red{S.I =\: Rs\: 96}}[/tex]

[tex]\therefore[/tex] The simple interest is Rs 96 .