Question

1. Find the interest on 17.300 from 28 January 2008 to 10 April 2008 at the rate of 5% p.a.
Also, find the amount
2. How much would 36,525 amount tort was invested at $7 \frac{2}{3}$% p.a. from 15 October 2007
to 9 March 2008?

Note:- p.a. means per annum
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Answer 1

Answer:-

1:- simple interest = principle * time * rate/100

p=17300

t=28 jan to 10 april i.e. 73 / 365 year

rate=5%

si= 17300*5*73/365*100

si=173*73/73

si=173*1/1

si=173 rupees

amount = si+ principal

amount=17300+173

amount = 17473 rupees

No:- 2 is in attachment.

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Answer 2

Step-by-step explanation:

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