Question

find the interest on rs.750 for 3 whole 1 by 2 years if the rate of interest be 7% per annum.

Answer 1

Principle(P)=750Rs.
Rate of interest(R)=7%
Period of time(T) = 3+1/2=7/2

Interest=PxTxR =(750x7x7/2)/100=18375
100


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