if simple interest on a aum of 3 years at 8 % per annum is 7500
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Answer:
The formula of simple interest is PRT/100
Principal= 7500
ROT.= 8%
Time= 3 yrs
Hence, SI = 7500×8×3/100
1800 is the simple interest.
Amount is 7500+1800
= 9300 rupees.
Hope it helped u !!
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