Simple interest 1y
ear for 2500 at 9 by 2
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S.I =P×t×R÷100
Principal=rupees 2500
time=1year
rate=9÷2
2500×1×9÷100×2=112.5
Explaination: we will apply simple interest rule that is P×t×R÷100
We will not convert 1year into months
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