find the simple interest on rupees 7600 from 16 May 2013 to 9 October 2015 and 10% per annum
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Answer:
(i) Principal (P) = Rs 2000
Rate of interest (R) = 5% p.a.
Time (T) = 5 years
Simple interest = P×R×T100=2000×5×5100=Rs 500
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Answer:
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