3. Principal = 1500, rate =
1500, rate = 12% p.a, and time 3 years 3 months.
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Answered by
2
Answer:
585
Step-by-step explanation:
Simple interest = ( PxTxR) / 100
= ( 1500 x 12 x 3.25 ) / 100
= 18000 x 325 / 10000
= 585
Working notes : 3 years 3 months = 3 years 3/12 years
= 3 years 1/4 years
= 3 years 0.25 years
= 3.25 years
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Answer:
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