Question

5. Meena borrowed Rs. 3000 at 12% interest from Shriram. She borrowed the
money on 22nd March 2002 and returned it on 15th August 2002. What is the
interest? Also, find the amount.​

Answer 1

Answer:

Principal=3,000 Rs

Rate of interest=12%=12/100

Time=22'nd March 2002 to 15'th August 2002

=146/365 days

A/Q

Simple Interest (S.I)= P×R×T

100

=3000×12×146

100×365

= ₹144

Now,

Amount=Principal+Simple interest

= (3,000+144)Rs

= 3,144 Rs Answer

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Answer 2

Answer:

S.I. = 144

Amount = 3144

Step-by-step explanation:

P = Rs.3000

R = 12%p.a.

T = 22nd March to 15th August 2002

T = 146 days

S.I. = P×R×T /100

= 3000×12 × 146 /100×365

= 72× 146 / 73

S.I. = 144

Amount = S.I. + P

= 3000 + 144

Amount = 3144

Hope it helps.