Exercise 9A
What will be the simple interest for 1 year 4 months on a sum of 25,800 at the rate of 14% p.a.?
Answers
Answered by
9
Answer:
4416
Step-by-step explanation:
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Given :
- Principal is Rs. 25,800
- Rate = 14%
- Time = 1 year 4 months
To Find :
- Simple Interest .
Solution :
Using Formula :
Putting Values :
So , The Simple Interest will be Rs.4816 ...
_______________________
- S.I = P × R × T / 100
- Amount = Principal - S.I
- Profit = S.P - C.P
- Loss = C.P - S.P
- Profit % = Profit × 100 / C.P
- Loss % = Loss ×100 /C.P
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