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7828.8 if years is taken only upto 2 digits i.e., 2.33
Step-by-step explanation:
I=(P*T*R)/100
T=2Years and 4 months=2.33 (1year=12 months therefore 4months=0.33 years)
R=1 2/5%=1.4%
I=(2400*2.33*1.4)/100
I=7828.8 RS
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