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Simple interest? of 1500-P R-2.5% and t-5 yrs

1 Answer

4 votes

Explanation:

Principle(p) =Rs. 1500

Rate(R)=2.5%

Time(t)=5yrs

We know,

SI=P×T×R/100

= 1500×5×2.5/100

=Rs. 187.5

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