Find the simple interest on rupees 7500 from 21st November 2011 to 16 March 2012 at the rate of 5% per annum
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1
Answer:
Principal =Rs.7500
Time =2 years
Rate =4%
A=P(1+
100
R
)
T
A=7500(1+
100
4
)
2
A=
100×100
7500×104×104
A=Rs.8112
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