Question

What will be value of Rs. 450 after 4 months at 9% simple interest rate?
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Answer 1

Answer:

162

Step-by-step explanation:

apply the formula

p*r*t/100

Answer 2

Answer:

principle = ₹450

Time =4/12 years I. e 1/3years

Rate =9%

:.simple interest = P×R×T/100

=450 × 9 × 1 / 100 × 3

= ₹13.5

now, amount = principle + simple interest

= ₹450 + ₹13.5

=₹463.5 ( ans)

hope it helps...........

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