please tell answer from this image with explaining pleeeease
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Given :
Principle : ₹25500
Rate of interest : 15%
Time : 2 years 6 months
To find :
The total amount paid to his friend after the time.
Solution :
First, we'll find the simple interest.
Simple interest :
Now, we can find the total amount.
Total Amount :
₹
Hence, the total amount to be returned back to his friend is ₹27412.5.
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