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The simple interest on a certain sum of money for 2(1/2) years at 12% per annum is Rs.40



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Explanation:


si = p * (r)/(100) * t


si = 40 * (12)/(100) * (5)/(2)


si = (40 * 12 * 5)/(100 * 2)


si = (4 * 12 * 5)/(10 * 2)


si = (4 * 12 )/(5* 2)


si = (2 * 12)/(5)


si = (24)/(5)


si = 4.8

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