FIND THE INTEREST
IF PRINCIPAL IS 2 LAKH
RATE IS 1 RS PER 100
TIME IS 5 MONTH 10 DAYS
cuty5579:
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Answers
Answered by
7
Given :
Principal = ₹200000
Rate = 1% per annum
Time = 5 months and 10 days = 0.4 years approximately
To Find :
Simple Interest
Solution :
(Principal × Rate × Time ) ÷ 100
= (200000 × 1 × 0.4) ÷ 100
= ₹800
The required interest is ₹800
Answered by
7
Simple interest :
=》Principal ×rate × time /100
here given that (Principal=200000,
T= 5 months & 10 days =2/5yrs ,rate =1%per anum)
Now, (200000×1×2/5)/100
=》40000×2/100
=》80000/100
=》rs 800 Ans
So the required interest is rs 800 !
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