a) What sum of money will fetch Rs 661.50 as simple interest in
1 year 9 months at 20/3
% per annum?
Answers
Answered by
28
Answer:
Step-by-step explanation:
simple interest=p*t*r/100
given simple interest=661.50
t=1yr9months=1+9/12=1+3/4=7/4yrs
r=20/3
p=?
661.50=p*(7/4)*(20/3)/100
66150=p*35/3
p=5670
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