Find the simple lntrest and amount when Principal is Rs 2400 Interest rate is 7%p.a.
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Given Principal (P) = Rs. 2400 Rate (R) = 9%
Time (T) = 3 years 5 months and 15 days =
24
83
years
To find simple interest and he amount Simple interest =
100
PRT
=Rs.2400×
100
9
×
24
83
=Rs.747
And the amount = Rs.2400 + Rs. 747 = Rs. 3147
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