find the simple interest on RS. 112.50 for 4 years at 1 1-2% per annum (p. a)
Answers
Answered by
2
Answer:
Principal (P) =Rs.350
Rate (R) =11% p.a.
Time (T) =2 years
∴S.I.=
100
PRT
=Rs.
100
350×11×2
=Rs.77
Amount = P + S.I. =Rs.350+Rs.77=Rs.427
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