Question

calculate the simple interest and amount of 7500 from 6 August to October 18 at 15% per annumCalculate the simple interest and amount on 7500, from August 6 to October 18 at
15% per annum .​

Answer 1

Answer:

225

Step-by-step explanation:

Principal = 7500

Rate = 15 %

Time from 6 August to 18 October = 73 days

Now, convert days into year, divide (73/365) = 1/5 year

Now, calculate Simple Interest using formula

S.I = (Principal*Rate*Time)/100

= (7500*15*1/5)/100

S.I = 225