find the interest on rs 315 paise 50 for 83 days at the rate 4.5 per annum simple interest find third and tenth rule
Answers
Answered by
2
Answer:
SI = P×R×T ÷100
SI =rs.315 paise 50 ×83 ×4.5
Answered by
5
Answer:
3.23 rupees
Step-by-step explanation:
We know that 1 rupee = 100 paise
So the whole amount in rupees is
315+ 50/100 = 315.5 rupees
The interest I earned on an amount P invested at a simple interest i p.a for a duration of T years is given as;
I = P x T x i/100
Assuming that a year has 365 days, then we can express the time duration in terms of years by dividing the number of days by 365.
I= 315.5x( 83/365)x(4.5/100)
I=3.2285
I= 3.23 rupees
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