Find the interest on Rs 6000 at 5 percent per annum for 145 days.(Hint: 145 days =145/365 years)
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Principal= Rs. 6000= P
Rate= 5% p.a.= R
Time period= 145 days=(145/365) years= T
Simple Interest= P×R×T/100
=6000×5×145/365×100
=30000×145/36500
=4350000/36500
=43500/365
=119.17
The interest is Rs. 119.17.
Hope it helps!
Rate= 5% p.a.= R
Time period= 145 days=(145/365) years= T
Simple Interest= P×R×T/100
=6000×5×145/365×100
=30000×145/36500
=4350000/36500
=43500/365
=119.17
The interest is Rs. 119.17.
Hope it helps!
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