Find the simple interest and amount on rs 900 from 7th February 2015 to 2nd July 2015 at 2.5% per annum.
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Answer:
principal =₹900
rate of interest =2.5%
time=7th Feb 2015 to 2nd July 2015=145 days
=145/365=29/73
simple interest =PTR/100
=900×29×25/100×73×10
=₹8.93
Amount =900+8.93=₹908.93
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