find the simple interest on Rs 1800 at 3 in 1 by 2% per annum for 2 in 1 by 2 years
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Answer:
Simple interest (I) = Rs 157.50
Step-by-step explanation:
Principal (P) = Rs 1800,
Rate of interest (R) = 3½% = 7/2%
Time (T)= 2½ years = 5/2 years
Simple interest = I
Therefore,
Simple interest (I) = Rs 157.50
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