find the simple interest on rupees 2500 for: two years at 12% quarterly
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Since this is simple interest the answer is simple...
for 3 months 12% is the interest
in 2 years there are 24 months ===> 8 * 3 months
there fore net interest ===> 8 * 12 ===> 96 %
now (2500×96)/100===> 2400 is the answer
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