A sum amounts to Rs 3584 in 219 days at 4% per annum simple interest the sum
Answers
Answered by
1
??????? 3584=start $ ?????????
simpel interest=4% for 219 daes
219/365=0.6 yeer
interest=3584*0.04*0.6
=86.016
or 86.02$
simpel interest=4% for 219 daes
219/365=0.6 yeer
interest=3584*0.04*0.6
=86.016
or 86.02$
Answered by
1
Hello,
Solution:
Formula for simple interest is given as
SI = (principal amount X Rate X year)/100
Here days are given
so year in 219 days are = 219/365 = 0.6 years
rate = 4 %
principal amount = 3584
SI = 3584(4)(0.6)/100
SI = 8601.6/100
SI = 86.01
simple interest paid = 86 Rupees
Hope it helps you.
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