Question

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​

Answer 1

Answer:

SI = P×R×T ÷100

SI =rs.315 paise 50 ×83 ×4.5

Answer 2

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