Find the simple intrest on rs 72400 From april 5, 2005 to june 17, 2005 At 9/2% per annum
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Since,
Principal Amount=72400
Rate of interest=9/2%
Time= 73 days or 73/365yrs
Therefore,
Simple Interest= P×R×T
=(72400×9/2×73/365)/100
=651.6 rupees
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