the simple interest on Rs.650.00 for 6 months is Rs.32.50. the annual rate of interest will be
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Answer: ple mark as brainlest (^_^)
Step-by-step explanation:
We know the formula for simple interest-
SI= ( P * T * R )/100
Where,
SI=Simple Interest
P = Principle
R = Rate of interest
T = Time Period
SI = ( 650 * 4 * 6 )/100 = Rs.156
Amount = P + SI = 650 + 156 = Rs. 806
Therefore , Amount she pays to clear her debt after 4 years = Rs. 806
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