cattyperfume cattyperfume

30-06-2020
Mathematics

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the simple interest paid on a loan over a period of two and a half years is birr 375. if the rate of interest was 8% per annum, how much was the loan?

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Ashveedha Ashveedha

30-06-2020

Answer:

4678.5

Step-by-step explanation:

[tex]\frac{375}{8} = 46.875\\[/tex]

46.875 * 100 = 4687.5

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