find the simple interest and amount when principal =₹9600, rate=15/2 p.a. and time=5 months.
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Principal = ₹9,600
Rate = 15/2% p. a.
Time =5 months
=5/12 years
Simple interest= P×R×T/100
=₹9,600×15/2×5/12
=₹400×15×5
=₹30,000
Amount = Principal + Simple Interest
=₹9,600+₹30,000
=₹39,600
Hope this helps..
Rate = 15/2% p. a.
Time =5 months
=5/12 years
Simple interest= P×R×T/100
=₹9,600×15/2×5/12
=₹400×15×5
=₹30,000
Amount = Principal + Simple Interest
=₹9,600+₹30,000
=₹39,600
Hope this helps..
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