Find the interest and amount for the following if:
Principal Time Rate
Rs 450 2years 5%
Please say the answer of this question i need to submit my homework pleasee
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Answer:
Principal = $ 1500,
Interest = $ 450,
Rate = 5% p.a
Time = (100 × Interest)/(Principal × Rate)
= (100 × 450)/(1500 × 5)
= 45000/7500
= 6.
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