A simple interest on rs.5200 at 4% p.a. for 6 months is
Answers
Answered by
3
°•●ANSWER●•°
Principal = 5200
Rate of interest =4%
Time=6 months
So the simple interest 5at rs.5200 for 6 months at the rate of 4% is rs.1248
`Hope it helps you...
kanha2000d:
hlo
Answered by
1
A simple interest on rs.5200 at 4% p.a. for 6 months is ₹104
Step-by-step explanation:
GIVEN
Principal = ₹5200
Rate = 4% p.a.
Time = 6 months
___________________________
TO FIND
A simple interest on rs.5200 at 4% p.a. for 6 months
___________________________
We know that,
Simple Interest = ( Principal × Rate × Time ) / 100
Here,
Time is 5 months so we have to convert 6 months into year
We know that,
1 year has 12 months
So,
6 months = half year
So
We will take 1 / 2 as time
We know that,
Simple Interest = ( Principal × Rate × Time ) / 100
Simple Interest = ( 5200 × 4 × 1 / 2 ) / 100
Simple Interest = ( 5200 × 4 × 1 ) / 100 × 2
Simple Interest = 20800 / 200
Simple Interest = 104
Simple Interest = ₹104
A simple interest on rs.5200 at 4% p.a. for 6 months is ₹104
Similar questions