A person borrows Rs. 3500 and agress to pay simple interest at the rate of 9%per annum.How much amount will be pay after 3½ years?
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Answer:
Rs 4602.5
Step-by-step explanation:
SI = PRT/100
SI = 3500*9*3.5/100
SI = 1102.5
Amount = 3500+1102.5 = Rs 4602.5
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