how much is the simple interest on rupees 75 for 3 months at 8 pcpa
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Step-by-step explanation:
Principle is Rs 75
Rate is 8% p. a
Time is 3 months
So, Simple interest = P*R*T /100
S. I. = 75 * 8 * 0.25 /100
S. I. = 150/100
S. I. = Rs 1.50
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