Question

a sum of rs. 2000, was borrowed on 1 april and repaid on 25 August of the same year at an interest of 15/2,. what was the interest paid? answer is rs. 60 plz.. solv this

Answer 1

Principle = 2000 Rs.
Rate % = 15/2%
Time = 146 days / 146/365yrs.

$\frac{p \times r \times t}{100 } \\ \frac{2000 \times 15 \times 146}{100 \times 2 \times 365} \\ 60$

now, SI = 365 Rs

Answer 2

Principal= Rs 2000

1. Time= 1 april to 25 august= 147\365. April=30 day

May=31 days

June= 30 days

August= 25 days

= 147 days\ 365 days

Rate =15/2%

Interest=?

I=P×T×R/100= 2000×147×15/100×365×2

=60 days

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