15% interest rate for Rupees 516 per month simple interest is available
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Answer:
516+6.45 = 522.45
Step-by-step explanation:
Rate of interest = 15%
Time = 1 month = 1/12 years
Principal = 516
Si = (p. R. T) /100
= (516×15×1/12)/100
= 6.45 rupees
Per month it will increase 6.45
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