if the rate of interest is 8.5% per annum and the term is 6 years then what fraction of the total amount will be earned interest?
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Step-by-step explanation:
R=8.5%
T=6years
P= Xruppees
Interest = P*T*R/100
= 8.5*6*x/100
= 51x/100
= X= 51*100= 5100
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