There are 73 days, to pay interest.73 days MEANS one fifth of the year(1/5).15% of 1500 = (1500/100) * 15 = 225.per annum( per 1 yr)for 1/5 th yr = 225/5 = 45/-simple interest = 45/-Amount. = 1500+ 45 = 1545/-If you have any doubt, COMMENT below
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