(4) what sum of money will fetch r s 661 .50
simple interest in one fear of monthly at 6 2/5
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Answered by
1
Answer:
743.526
Step-by-step explanation:
SIMPLE INTEREST = P × R × T /100
= 661.50 × 12.4 × 1 /100
= 82.026
AMOUNT = PRINCIPLE + INTEREST
= 661.50 + 82.026
= 743.526
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