The simple interest I on a principal of P dollars at interest rate r for time t in years is

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Latest exam Aptitude Question SOLUTION: The simple interest I on a principal of P dollars at interest rate r for time t, in years, is given by I = Prt. Find the simple interest on a principal of $6000 at 3% for 2 years.

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(#M40065248) EXAM Numerical Ability question Keep an EYE

The simple interest I on a principal of P dollars at interest rate r for time t, in years, is given by I = Prt. Find the simple interest on a principal of $6000 at 3% for 2 years. (Hint: 3% = 0.03)

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