Question

find the intrest on rs 85,600 for 1 1/2 years at 3percent annum.
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Answer 1

Answer:

Principle(P)=RS85600

Time(T)=11/2years

Rate(R)=3%

Now,

Interest=PTR/100

             =85600×11/2×3/100

             =1412400/100

             =RS14124