Find the amount and simple interest on
3500 for 1 year 3 months at 8% per annum.
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Answer:
Step-by-step explanation:P =Rs 3500 ,R=8% p.a. and T=1 yr 3 months =5/4 year
SI =P×R×T/100
=Rs(3500×8×5/4)/100
=Rs 350
Amount= P+SI
=Rs(3500+350)
=Rs3850
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