Question

what amount will reena get by invest Rs 4500 at 41/2 per annum for period from sep 8 to Nov 20 of year 2015

Answer 1

hey

gd mrng

here is your answer

p =4500

r =4 1\2 percentage

t =73 days ( u can also calculate it)

=interest = 4500 ×4 1 × 73\100×2×365

= 18

so, 18 is our simple interest

so. therefore amount = interest + p

hope it is useful

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