Question

Dinesh widrew ₹ 10000 on 15th day of every month. Interest on drawings was to be @ 12 percent per annum. Calculate intereste on dinesh drawings

Answer 1

Answer:

RUPEES 1500

Explanation:

Principal (p) = rupees 10000

Time (t) = 15 th day of every month = 15|12

Time = is 15 by 12 because 12 months are in a year and denash withdrew in every month

@ = rate of interest (r) = 12 %

Simple interest (s. i) = p×t×r

S. I = 10000×15×12 by 12 × 100

With 100 two zeroes of 10000 will cut = 100

12 cuts 12 = 0

15 don't cut with anyone

100×15

Answer = 1500

Answer 2

$\huge\mathbb\pink{♡AnSwEr●}$

$amount = 10000 \\ interest \: rate = 12 \% \\ avg \: period (middle \: of \: every \: month)= \frac{total \: months}{2} \\ = \frac{12}{2} = 6 \\ interst \: on \: drawings = 10000 \times \frac{12}{100} \times \frac{6}{12} \\ = 600$