Question

15. Find the simple interest on 22500
for 2 years 6 months at 6% per annum

(a)350
(b)375
(c)750
(d) None of these​

Answer 1

Answer:

SI = P×R×T / 100

=( 22500 × 2 × 1 ) 100 × 2

= Rs.225

Answer 2

Answer:

Principal, p = 2500

Rate , r = 6 %

Time, t = 2 years 6 month = 12 + 6 month = 18 month

t =  = 2.5 year

Simple interest = ?

Amount = ?

We know that,

Simple interest =  

Simple interest =  

Simple interest =  

Simple interest = 375

Amount = 2500 + 375

Amount = 2875