What sum of money will amount to Rs 5890 in 3 years 6 months at 25/3 % per annum simple interest?
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your questions is wrong I think there is 8.13 % per annum is it ture then apply formula of simple interest as follow
principal =5,890
time =3yrs 6months
Rate =8.13%
apply this formula
simple interest =PXRXT /1000
.:. simple interest = 20,111.994
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