Fill in the blanks to make the statements true.
Interest on Rs 12500 at 18% per annum for a period of 2 years and 4 months is ________.
Given, P = 12500 and R = 18%
T = 2yr 4 months
= (2 +
)year
= (2 + ![]()
=
year
⇒ we know that I = ![]()
= ![]()
= 5250
Couldn't generate an explanation.
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