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Question 53

How muchinterest will Rs- 10,000 earn in 9 months at an annual rate of 6 per cent?

Solution

Principal = Rs. 10,000 and rate of interest = 6%

=> Interest = $$\frac{10,000\times6\times9}{12\times100}$$

= $$50\times9=Rs.$$ $$450$$

=> Ans - (A)

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