Calculate the simple Interest on ₹10000 for 5 years 6 months at a interest of 1.5 % per month?
Answers
Answered by
6
Hey Mate,
Here's your answer,
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=> Principal = 10000 Rs
=> Time = 5 years 6 months or 5 1/2 year
=> Rate = 1.5% per month
(Convert Rate into year)
(1 year = 12 months)
(1.5% × 12)
(6.0%)
Simple Interest = PRT / 100
=> Simple Interest = 10000 × 5 1/2 × 6 / 100
=> Simple Interest = 100 × 5 1/2 × 6
=> Simple Interest = 3300 Rs
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Answered by
2
Answer:
SI = p×r×t\100
Step-by-step explanation:
10000×5.5×1.5/100=3000
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