what amount will reena get by investing rs 4500 at 4 1 by 2 % per annum for the period from september 8 to november 20 of the year 2015.
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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
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