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The simple interest on RS 450 on 3 yr at the rate of 5% per annum is |
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Answer» Interest=450Rate=5%Time=3yearsPrinciple=?PRINCIPLE=(Interest×100)/(Rate×Time)=(450×100)/(5×3)= 1545000 =3000thereforesum PAID after 3 years=3000+450=3450 |
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