Question

find SI on rs 2000 in 7/3 years at 3 paise per rupee per month.

Answer 1

Answer:

Step-by-step explanation:

03p = ₹.03 = ₹ 3/100

SI = P×R×T/100. (but the rate is not in %age)

So,

SI = ₹ 2000×3×7/100×3

= ₹ 20×7

= ₹ 140

Interest = ₹ 140