a sum of rs 7500 in a bank on 1st February 2004 and withdrawn on 14th April 2004. If the bank pays simple interest at 6% per annum , Find the amount.
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Answer:
75000
Step-by-step explanation:
simple interest =prt/100
principal=7500
rate(per annum)=6 percent
rate per month=6/12
=0.5percent
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