Question

Find the interest on rs 1200 at 6 percent per annum for 146 days

Answer 1

Given, P = 1200, R = 6%, T = 146/365 = 2/5 years.

S.I = P * T * R/100

     = 1200 * 6 * 2/500

     = 28.8.


Hope this helps!

Answer 2

Answer:

The interest is Rs.28.8 per year.

Step-by-step explanation:

Given :  Rs. 1200 at 6 percent per annum for 146 days.

To find : The interest ?

Solution :

The interest formula is defined as

$I=P\times R\times T$

Where, P is the principal P=Rs.1200

R is the interest rate R=6%=0.06

T is the time T=146 days

Converting days into year,

1 year = 365 days

1 day = $\frac{1}{365}$ year

146 days = $\frac{146}{365}$ year

Substitute the value in the formula,

$I=1200\times 0.06\times \frac{146}{365}$

$I=28.8$

Therefore, The interest is Rs.28.8 per year.