Find the simple interest on rs 50000 at 8% per annum for 1 and half years
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Answer:
P=50000
R=8%
N=1 1/2 =3/2
SI= P×R×T/100
50000×8×3/100×2
8 divide by 2
=4
50000×4×3/100
50000 divide by 100
=500
500×4×3
SI=6000Ans
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