find the simple interest and amount in rupee 18000 at 6.5 % for 18 months
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Step-by-step explanation:
Simple Interest(SI) = P * T * R /100
Where P = Principal, T = Time in years and R = Rate of Interest.
Given, P = 2000 ; T = 1.5 and R = 6%. We get,
SI = 2000 * 1.5 * 6 / 100
=> 18000/100 = 180.
Simple Interest is 180.
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