3. Renuka borrowed 2,50,000 from her friend to buy a car. She agreed to pay he simple interest of 4.5% per annum and to pay off the amount in 12 months. How much interest will she pay for the loan?
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Answer:
11250
Step-by-step explanation:
Money borrowed is 250000 and intrest is 4.5% so the intrest will be 11250
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