Question

A man borrowed 1500/- at 6 per cent per annum and promised to return it after 146 days along with the interest. Find the amount to be paid at the end of 146 days​

Answer 1

Answer:

1536

Step-by-step explanation:

here the n is equal to 146/365 ok in the previous we have the time in year but here the time period is in day so we have to divide it by 365 if it was given in months then we have to divide it by 12 ok

now we know the simple  interest formula I=ptr/100      where p= borrowed

money,t represents time period ,and r is interest rate putting all the values we get  I=(1500×146×6)÷(100×365)   solving this we get

I = 36 rupees

so at the end of 146 days borrower have to pay 1500+36=

1536 .

Answer 2

P=1500

6=6%

T=146 days (convert it into years)

Time  is 2/5 years

S.I = PxRxT/100

S.I=1500X6X2/100X5=32

S.I=32

AMOUNT TO BE PAID = PRINCIPAL + S.I

                                      = 1500+ 32

                                       = 1532

HENCE AMOUNT TO BE PAID IS 1532