Question

16) Find the simple interest on 10,000 from March 9 2019 to May 21,2019
at 7.5% p.a.​

Answer 1

Answer:

Interest = 9,00,000 INR

Amount = 9,10,000 INR

Step-by-step explanation:

Principle = 10,000

Time = 12 days

Rate = 7.5%

Interest = $\frac{TRP}{100}$ = 12 * 7.5 * 10,000/100 = 9,00,000

Answer 2

Answer:

principal =10, 000

Rate of interest =7.5%

Time =22+30+21=63 days =63/365 yrs

Simple Interest = prt/100 = 10,000×75×63 / 100× 10× 365

=215.75 (approx)

Thank you