Question

Calculate the simple interest on 9150 at 2.5%, per month for 2 years. Also, find the
amount​

Answer 1

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Step-by-step explanation:

given

PRINCIPAL = 9150

RATE=2.5

TIME = 2YEARS

SO. A.T.Q

S.I= P×R×T÷100

S.I = 487.5

NOW

AMOUNT = S.I+PRINCIPAL

AMOUNT= 9150 + 487.5

AMOUNT = 963737.5