Question

b) What sum will amounts to Rs. 3,296 in 4 months at 9% p.a. simple interest
​

Answer 1

Answer:

Simple interest = 1,186.56

Step-by-step explanation:

Given :

Principle = ₹ 3,296

Time = 4 months

Rate = 9%

To find :

The simple interest

Taken :

To find the simple interest use this formula -:

$\boxed{\sf{S.I=\dfrac{P\:\times\:T\:\times\:R}{100}}}$

Where,

S.I = Simple interest

P = Principle

T = Time

R = Rate

Solution :

$\leadsto\sf{S.I=\dfrac{Rs.3,296\times4\times9\%}{100}}$

$\leadsto\sf{S.I=\dfrac{Rs.3,296\times9\%}{25}}$

$\leadsto\sf{S.I=\dfrac{29664}{25}}$

$\leadsto\sf{S.I=1,186.56}$

So , the simple interest is ₹ 1,186.56 .