Question

find simple interest for Rs.1000 at the rate of 6% per annum in the year 2005 from 1st January to 27th May.​

Answer 1

((146/365)×₹1000×6)/100=Total simple interest

Total interest=₹24

Answer 2

Step-by-step explanation:

2005 is not leap year

so,

t=146÷365

p=1000

r=6%

I=

$\frac{1000 \times 6 \times 146}{365 \times 100 }$

=24 rupees