Question

Find the interest on rs 10200 for 7 years and 6 months 6 per annum

Answer 1

Interest is 4590

Step-by-step explanation:

Given data,

Principal , p = 10200

Time, t = 7.5 years

Rate, r  = 6%

we know that,

Simple interest = $\frac{p\times r\times t}{100}$

Simple interest = $\frac{10200\times 6\times7.5}{100}$

SI = 4590 Rs.

Interest is 4590

Answer 2

The interest on rs 10200 for 7 years and 6 months 6 per annum is Rs.4590

Step-by-step explanation:

Principal = Rs.10200

Time = 7 years 6 months = $7 + \frac{6}{12}= 7.5 years$

Interest = 6 %

Simple interest = $\frac {P \times R \times T}{100}$

Substitute the values in the formula :

Simple interest = $\frac{10200 \times 6 \times 7.5}{100}$

Simple interest = 4590

Hence The interest on rs 10200 for 7 years and 6 months 6 per annum is rs.4590

#Learn more:

Find the rate of interest if the interest on rs 4500 for a year is rs 540 .

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