750 in 3 years and 4 months at 10% per annum find the interest
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Answer:
Given P = ₹750
Time (T) = 3. 4/12 = 3.1/3
= 10/3 years
Rate (R) = 10%
∴ Interest (I) = PRT/100 = (750 × 10 × (10/3))/100
= (250 × 10 × 10)/100 = ₹250
∴ Amount (A) = P + I = ₹750 + ₹250 = ₹1000
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Therefore, SI is 25.
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