Find the simple interest if compounded A. P= 15,500, r = 11% per annum, time = 2 years
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Answer:
S.I= Rs.3410
Step-by-step explanation:
GIVEN:
P=15,500
r=11%
n=t=2years
S.I=PNR/100
S.I=(15,500×2×11)/100
S.I=155×2×11
S.I= Rs.3410
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