Find the amount of rupees 2400 from 18 February 2007 to July 14 2007 at 25/2 per annum simple interest
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Answer:
Principal= 2400
Rate= 18%
Time= 9 months= 3/4 years
Interest= 2400*18/100*3/4
= 24*18*3/4
= 6*18*3
= 324(Ans)
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Principal ⟹2400 Rupees.
Rate ⟹18%
Time ⟹¾ Years ⟹ 9 Months.
Intrest ⟹ 2400×¾×18/100
⟹ Rupees 324.
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