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Reema borrowed ₹4500 from a moneylender at 1.5% per month simple interest.
She kept it for 8 months.
How much interest did she pay? (Hint: convert the monthly rate to interest directly.)

Class 7Simple InterestComparing Quantities
  • A595
  • B485
  • C540
  • D1080

Step-by-Step Solution

Interest per month = 1.5% of = ₹67.5. For 8 months = = ₹540.
Answer: C) 540

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