Question

Find the simple interest on `10,000 for 1 year 4 months at the rate of 7 1⁄2 %p.a.?

Answer 1

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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