Calculate the simple interest rupees 10950 from may 26 to 1 September at 12 1/2% per annum
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Answer:
367.5
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Step-by-step explanation:
PRINCIPAL =RS 10950 ; R= 25/2% P.A ; TIME = 99 DAYS SIMPLE INTEREST = P×R×T/100 10950×25×99/(100×365) = Rs 371.25
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