1.

Solution:
Principal = 3000,
Interest = 400,
Time = 3 years.

2. Solution:
Principal (P) = 5400,
Amount (A) = 6000
Simple Interest (SI) = Amount (A) – Principal (P)
= 6000 - 5400
= 600
Therefore, Richard got an interest of 600.

3.Solution:

Principal = 3500,
Interest = 700,
Rate = 4% p.a.

Time = (100 × Interest)/(Principal × Rate)

= (100 × 700)/(3500 × 4)
= 70000/14000
=5
Therefore, Time (T) = 5 years.

4. Principal =3400
Rate =8%
Time= 225 days

Interest= (Principal x Rate x Time)

=(3400 x 8% x 225)
=(3400 x 0.08 x 7 months)
= 158.67

5. 2870
6.
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8.

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