Question

12. Find simple interest on Rs. 975,60 for 9 months at 10% p.a.​

Answer 1

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Given

P = Rs.97560

Time = 9mts or 3/4 yrs

r = 10%

So SI = 97560×3×10 / 100×4

or SI = Rs.7357

Answer 2

Principal = ₹975,60

Time = 9 months = 9/12 years = 3/4 years

Rate of Interest = 10% per annum

Simple Interest = Principal × Time × Rate of Interest/100

= 975,60 × 3/4 × 10/100

= ₹7317

Therefore the Simple Interest is ₹7317

Hope it helps! ♡