Find the simple interest on `10,000 for 1 year 4 months at the rate of 7 1⁄2 %p.a.?
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Step-by-step explanation:
solutions:
principle = 10000
numeber of year = 16/12
rate of interest = 7.5
so, = 10000×7.5×16/100×12
= 1000 rs
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