what sum will yield an interest of R.s 7,500 in 2 years at 12 1/2 percent per annum
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Step-by-step explanation:
principal=p
rate of interest=12 1/2%=25/2%
time=2years
simple interest=7500
p×r×t/100=7500
p×25×2/2×100=7500
p×25/100=7500
p×1/4=7500
p=7500×4
p=30000
principal=30000. rupees
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