Rs 750 at 3 paise per month for six month what is simple interest
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Answer:
0.1125
Step-by-step explanation:
p=750rupee
n=6months=0.5 year
r=3paise=0.03 rupee
simple interest =p×n×r / 100
= (750×0.5×0.03)/100
= 7.5×0.5×0.03
= 0.1125
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