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Step : 1
Let SI be Total Interest at the end of 7 months for the Principal amount ₹ 11600
SI can be calculated as follows
SI = (11600 * 25 * 7)/100 (as the interest per annum is 25 and the number of months is 7)
SI = (2030000)/100
Therefore Total interest SI = ₹ 20300
Therefore Total interest SI = ₹ 20300(round off to nearest value)
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