Question

find amount on rupees 500 for 146 days at the rate of 15 complete one upon two percent per annum ​

Answer 1

Answer:

ANSWER IS RS. 531

Step-by-step explanation:

PRINCIPAL = RS.500

TIME = 146 /365 YEAR ( AS TIME IS ALWAYS CALCULATED IN YEAR AND SINCE IT IS GIVEN IN DAYS , SO TO CONVERT IT INTO YEAR , DIVIDE IT BY 365 DAYS AS A ORDINARY YEAR CONTAIN 365 DAYS )

RATE = 15  1/2

= 31/2

SO, INTEREST = P*R*T/100

500 * 31 /2 * 146 /365 /100

500 * 31*146/2*365 *100

2263,000 / 73,000

= RS. 31

NOW THE INTEREST IS KNOWN RS.31

AMOUNT = PRINCIPAL + INTEREST

= RS. 500 + RS.31

= RS.531

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