surabhi deposited RS7500 in a finance company which pays 15%per annum. find the amount surabhi is expected to get after 5 3/4
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Step-by-step explanation:
P= Rs 7500
R=15%
Time = 5×4+3/4=23/4 (yrs?)
Simple Interest = P×R×T/100
= Rs7500×15×23/4/100
= Rs75×15×23/4
S.I= Rs6468.78
Amount =P+S.I
= Rs. 7500+ Rs. 6468.75
Amount = Rs. 13968.75
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