in how many days will 7600 amount to 7721.60 at 4% per annum simple interest
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Answer:
Given,
Principal (P)=Rs. 7300,
Rate (R )=15% and
Time period (T)=April 28 to November 4=190 days =190365 years
∴ Simple interst =PTR100=7300×190365×15100=570
Hence, simple interest =Rs. 570.
Step-by-step explanation:
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