A person took a loan of rs1500 from his employer for 3months at 12% per annum simple interest.The amount he has to return is
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Answer:
Step-by-step explanation:
Principal=1500
Rate=12%
Time=3/12=1/4
SI=PRT/100
=1500*12/100*4
=45rupees
Thus amount to be repaid=1545rupees
hope it helps
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