find the simple Intrest where p=5040 R = 9% per annum T = 7 months
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Answer:
264.6
Step-by-step explanation:
Given,
P=5040
R= 9%
T= 7 months
But, as Time is given in months, we should take the value as 7/12.
As per formula:
SI= PTR/100
SI= (5040 * 9 * 7/ 100*12);
= (63* 3* 7/5)
=( 1323/5)
= 264.6
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