Find the simple interest, if Principal = Rs. 45000
Time = 2 ½ years, Rate of Interest = 6% p.a.
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Answer:
6750
Step-by-step explanation:
Formula-
P (principle) x R (rate of interest) x T(time) = Simple Interest (I)
⇒ 45,000 x 6/100 (6%) x 2.5 years = I
⇒
⇒ 6750
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