find the interest and amount on Rs.5000 at 8% per year from 23rd december 2011 to 29th July 2012
Answers
Answered by
1
Step-by-step explanation:
dec= 8 days
jan= 31
Feb= 29
Mar= 31
Apr= 30
May= 31
June= 30
July= 2 days
total= 192 days
P= 5000
r= 8
t= 192 days= 192/365 years
SI = PTR/100
Interest= 5000*192*8/365*100= 210
Amount= P+Interest = 5000+210= 5210
Similar questions