3000 rupees is lent out at 9% rate of intrest. find the intrest which will be received at the end of 2 and half years
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12
Principal(P) = Rs. 3000
Rate (R) = 9%
time(T) = 2.5 years
Interest = PTR/100
⇒ SI = 3000×2.5×9/100 = Rs. 675
Interest is Rs. 675
Rate (R) = 9%
time(T) = 2.5 years
Interest = PTR/100
⇒ SI = 3000×2.5×9/100 = Rs. 675
Interest is Rs. 675
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6
I=3000*2.5*9/100=675
tbe interest to be paid os 675.
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