Question

2. Find the simple interest on ii) 3625 for 8 years at the rate of 6% per annum. (iii) 365 000 for 2 years 6 months at the rate of 4% per annum.​

Answer 1

Answer:

(1)= 1740rs.

(2)= 36500rs.

Step-by-step explanation:

(1)= interest= p×r×t/100

= 3625×6×8/100= 1740rs.

(2)= time= 2years 6months

= 6/12 years= 1/2 year

1

2_years= 5/2 years

2

interest= p×r×t/100

= 365000×4×5/2×100

= 36500rs. ans.

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