Question

1)     Find the simple interest when interest rate is 7% each year. Starting Balance is Rs. 1940 and time is 13 years.

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Answer 1

Answer:

SI=PRT/100

Step-by-step explanation:

1940X13X7/100

97X13X7/5

8827/5

=1765.4

SI=1940-1765.4

=174.6

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Answer 2

Answer:

1. SI=P*R*T/100
2. so, SI=1940*7*13/100
3. answer is 1765.4