Question

Find the interest and total amount due on₹1200 after 1 year 5months at the rate of 4 1/2 % per annum​

Answer 1

Answer:

Interest=348.51,Total asset=1548.51

Step-by-step explanation:

we know that

I=Prn

where,

I=interest=?

P=Asset=1200

n=1.4167 year

r=Anual interest rate=(41/2)%=(41/200)=0.205

If, 12 represent  10

5 represent (10*5)/12=4.167

total year=1.4167

I=1200*0.205*1.4167=348.51

Total amount=1200+348.51=1548.51