At the rate of 8 1/ 2% per annum simple interest, a sum of ₹ 5800 will earn how much interest in 2 yr 3 months?

Question

Accepted Answer

Time = 2 yr 3 months = 21/4 yr = 9/4 yr ∴ SI = [5800 x (17/2) x (9/4)] / 100 = 8874/8 = ₹ 1109.25 = ₹ 1109

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