Question

FIND THE AMOUNT MEENA GETS ON DEPOSITING rupees 1,500 AT 8 percent PER ANNUM FOR 73 DAYS .​

Answer 1

Answer:

Rs. 1524

Step-by-step explanation:

Principal = Rs 1500

Rate of interest = 8% p.a.

Time = 73 days = (73/365) = 0.2 = 2/10 years

Now, S.I = (PTR) / 100

             = (1500x8x2) /(100x10)

             = Rs 24

Amount = S.I + Principal

             = 24 + 1500

             = Rs 1524

Hence, the amount will be Rs 1524.