Question

find the interest on a deposit of ₹ 3650 from 3 January 2016 at the rate of 10% p.a up to 17 March 2016

Answer 1

interest = principal × interest rate × no. of years
from 3 Jan 2016 to 17 Mar 2016 we have 75 days in a year ( including Jan 3 and Mar 17)
interest will be 3650 × 10 ÷ 100 × 75 ÷ 366
= Rs. 75

Answer 2

Answer:

here is the answer..

P= 3650

R=10%

T=73/65=1/5 year

SI= PRT/100= 3650×10×1\100×5

= 73 rs.

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