Find S.I. on rupees 850 from 11 june to 4 november at 10 % P.A.
Answers
Step-by-step explanation:
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Principle Amount P = Rs.850
Rate R = 10% p.a.
Time = From 11 June To 4 November
= June : (30-11) days – 19 days
= July : 31 days
= August : 31 days
= September : 30 days
= October : 31 days
= November : 4 days
=> 19 + 31 + 31 + 30 + 31 + 4 days
=> 146 days
•°• T = 146 days (here 365 = no. of days in a year)
365
= 12.16 ( cancel both numbers by 12 )
30.41 ( 1 year = 12 months )
( ignore the remainder for the next step )
= 2 years ( cancel 12 and 30 by 6 )
5 ( 1 half year = 6 months )
S.I. = P × R × T
100
= 850 × 10 × 2
100 × 5
= 85 × 2 = 17 × 2 = 34
5
•°• Simple Interest = Rs.34
Amount = Principle + Simple Interest
= Rs. 850 + 34
= Rs. 884