calculate the CI on Rs.46875 for 3 years , if interest on Rs. 100 for 1 year is Rs.17.5
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A =P (I +r/100)n
R=100xl/PN=100x17.5/100x1=17.5%
46875 x (117.5/100)3
= 76042
Cl=76042-46875 = Rs 29167
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