find the present value of a bill of rs. 4,050 at 7.5% p.a . whose unexpired term is 2 months.
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Principal, p =Rs 4050
Rate, r= 7.5%
Tim, t=2months=2%12 =1/6 YRS
SI. =PRT/100=4050×75×1/100×6×10. =RS 50.625
Amt =principal +si =4050+50.625=4100.625 (ans)
Rate, r= 7.5%
Tim, t=2months=2%12 =1/6 YRS
SI. =PRT/100=4050×75×1/100×6×10. =RS 50.625
Amt =principal +si =4050+50.625=4100.625 (ans)
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