find the interest on Rs 1820 from October 9, 2016 to December 21, 2016 at 15/2% per annum
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Answer:
27.3
Step-by-step explanation:
Here, P = 1820
R = 15/2%
T = 9 october to 21 december
= 73 days
But the time is not in days
Hence, T = 73/365
= 1/5 years
Now,
S.I. ( Interest ) = P × R × T/ 100
= 1820 × 15 × 1 / 100 × 2 × 5
= 27.3
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