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Q.
Find: S.l. on Rs 6250 at 14% per annum for 146 days.
A.
Rs.350
B.
Rs.450
C.
Rs.550
D.
Rs.650
View Answer
Correct choice: A
Explanation:
P = Rs. 6250, R = 14 % & T = (146/365) years = 2/5 years . S.I=Rs.[6250*14* 2/5 /100]=Rs.350
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