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What would be the simple interest obtained on an amout of Rs. 8500 at the rate of 11% p.a for 7 years?

ARs. 6,545

BRs.7,140

CRs. 6,842

DRs. 7,437

Answer:

A. Rs. 6,545

Read Explanation:

(Principal x time x Rate) / 100 = (8500 x 7 x 11) / 100 = Rs. 6545


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