Hardeep borrowed$7500 at 17/2% interest . She will have to pay how many Rupees after three years to clear her debt .
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Answer:
9412.5
Step-by-step explanation:
Simple interest = (Principle × Rate × Time) ÷ 100
= (7500 × (17÷2) × 3) ÷ 100
= 1912.5
Amount to clear debt = Principle + Simple interest
= 7500 + 1912.5
= 9412.5
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