rs 3000 is lent out at 9%rate of interest. find the interest which will be recived at the end of 2 1/2 years
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p= 3000
r = 9%
t = 2 1/2= 5/2
now,
si =pxrxt/ 100
= 3000x9x5/100×2
= 15×9×5
= 675
amount = p + si
= 3000 + 675
= 3675
r = 9%
t = 2 1/2= 5/2
now,
si =pxrxt/ 100
= 3000x9x5/100×2
= 15×9×5
= 675
amount = p + si
= 3000 + 675
= 3675
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