Find the interest on 17,300 from 28 January 2008 to 10 April 2008 at the rate of 5% p.a. 1 year and 3 months Also, find the amount.
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simple interest = principle * time * rate/100
p=17300
t=28 jan to 10 april i.e. 73/ 365 year
rate=5%
si= 17300*5*73/365*100
si=173*73/73
si=173*1/1
si-173 rupees
amount = si+ principal
amount=17300+173
amount = 17473 rupees
is it correct. hope you are satisfied with this.
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