Question

find the interest on rs 2400 at 1 2/5 per anum for a period of 2 years and 4 months

Answer 1

Step-by-step explanation:

Principal = ₹2400

Rate of Interest% = 1 2/5%= 7/5%

Time = 2 4/12 years = 2 1/3 years = 7/3 years

Simple Interest = Principal×Time×Rate of Interest/100 = 2400×7×7/5×100×3 = ₹78.5

Hence Proved

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Answer 2

Step by step explaination :-

Principal = Rs.2400

Rate per annum % = 1 2/5

= 7/5

Time = 2 4/12

= 2 1/3

= 7/3

Intrest = Principal × Rate per annum × Time /100

= 2400 × 7 × 7/5 × 100 × 3

= 117600/1500

= 78.4

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Answer ⤵⤵⤵

Intrest is of Rs.78.4

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