Question

calculau THE simple intevant on Rs 1200 at 3 1/2 % interest per a annum for 6 month
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Answer 1

PRINCIPAL=1200

RATE=31/2

TIME=6 MONTH

FIRSTLY YOU CHANGE MONTH INTO YRS 6 MONTH =0.5 yrs

1. SI=P×R×T/100
2. SI=1200×31/2×0.5/100
3. 1200/31/2=600×31=18600
4. 18600×0.5/100
5. 9300/100

= 93 ans