Find simple Interest and amount if = principal=4000 rate =7.25% time =4 years and 6 montha
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Step-by-step explanation:
Simple Interest = principal×time×rate/100
S.I = 4000×4×7.25/100
S.I = 40×4×29/4 = 29×40 = 1160 rupees
Total amount ( Compound interest)
= principal + Simple Interest
= 4000 + 1160 = 5160 rupees
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