On rupees 50 at 3 1/2% per annum for 7 years
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P=₹50
R+3.5%
T=7
I = 50*3.5*7/100
= 7/2*7/2 =49/4 = ₹ 12.25
R+3.5%
T=7
I = 50*3.5*7/100
= 7/2*7/2 =49/4 = ₹ 12.25
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