Question

Find amount and simple interest:
1) Rs. 350 for 3 and a half years at 8% per annum
2) Rs. 600 from July 12 to December 5 at 10% per annum

Answer 1

Answer:

RS 350+rs 98 = 448 your answer is 448

Answer 2

Answer:

1) principal=Rs.350,time=42/12=7/2,rate=8%p.a

S.I = 350 ×7/2 ×8×1/100 = Rs.98

Amount = Principal +S.I = Rs.(350+98) = Rs.448

2) principal=Rs.600,time=146/365,rate=10%p.a

S.I = 600×146/365×10×1/100=Rs.24

Amount = principal +S.I = R.s (600+24) = Rs.624