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Question

find the simple interest on Rs.450 at 6% per annum from july 4 to september 15 ?

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Solution

Principle amount P=450
interst r =6 %

Time t =73 days
or, 73 days
= 73/365 =0.202 years.

Simple intrest =prt/100
=(450×6×0.202)/100
=5.45

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