find the interst on rs2400at 1 2/5 %per annum for a period of 2years and 4 month
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Answer:
Rs.47.04
Step-by-step explanation:
P is Rs.2400/-
Rate is 7/5%
Time is 7/3years
Interest=PRT/100
Interest=(2400×7/5× 7/5)÷100
24×7/5×7/5 which is Rs.47.04/-
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