Question
A sum of ₹3680 is invested at 12.5% pa simple interest
for 6 years. What will be the total amount payable on maturity?Solution
P =3680, R=12.5%, T=6years SI=PRT/100 = (3680×12.5×6)/100 =2760 Amount will be payable=3680+2760 =6440 Rs.
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