Math, asked by ap7690038, 3 months ago

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3. How much interest will have to be paid on a loan of
1500 at 21% per annum for a period of 7 months?​

Answers

Answered by Sara2951
0

Answer:

Here,

Principal = 1500

Rate = 21%

Time = 7m

Simple Interest = ?

Weknow,

Simple Interest = P×T×R

                              100

                       = 1500×21×7

                               100

                      = Rs 45

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