11501 per annum.
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$494.34 Interest= principal amount * time* simple interest %
S.I. = (P x R x T)/100 where R is rate, T is time, P is Original sum and S.I. is simple interest. 800x100 = P x R x T P = 80000/(5x7) = 80000/35 = 2285.71 So, the original sum is Rs 2285.71
Percent or per cent means per 100 so 35 percent as a fraction is 35/100. We can simplify this fraction to 7/20. So 7/20 or 35/100 is equivalent to 35 percent.
35
7 percent of 8 percent.7/100 * 8/100 =56 / 1000