Raju has Rs 750 in a saving account that pays 3% per annum simple interest. How much interest will he earn in 4 years?
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How did you get 90? I too tried the sum and I got Rs.67.50. Could you please explain..
We have the formula PRT/100
750*3*4=9000
9000/100=90
here t=4 years;p=750;r=3
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