please tell how to solve and get its simple interest and amount
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simple interest = principal x rate x time /100
amount = principal + interest
apply the above two formulas and then you get simple interest and amount of your answer
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Answered by
10
Answer:
Simple Interest will be ₹67.50
Amount will be ₹517.50
Step-by-step explanation:
Principal⇒₹450
Rate of Interest⇒4½% p.a.⇒9/2% per 12 months
Time⇒3 years 4 months⇒40 months
SI=Ptr/100
So,
SI=₹(450×40×9)/(100×2×12)
=₹67.50
∴SI will be ₹67.50
After that,
Amount=Principal+SI
So,
Amount=₹(450+67.5)
=₹517.50
∴Amount will be ₹517.50
Hope it helps you...
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