Answer:
The answer thus the question is Rs 270.
Step-by-step explanation:
According to these questions,
We have to find the simple interest on Rs 900 for 5 years at 6% per annum.
The formula for simple interest:-
P x R x T / 100
P = 900
T = 5
R = 6%
Simple interest = 900 x 5 x 6 / 100
Simple interest = 9 x 5 x 6
Simple interest = 270
Interest = 270
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