Find the interest on rs1200 at 7percent per annum for 146 days
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p=1200
r=7%
t=146
SI= p_×__t_×__r________
100
= 1200×146×7÷100
=12×146×7
=12264
Answered by
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A
Step-by-step explanation:
SI=(P*R*T)/100
SIMPLE INTEREST=(PRINCIPAL*RATE*TIME)/100
HERE, P= RS.1200
R=7 % PER ANNUM (PER YEAR)
T= DAYS INTO YEAR
1 DAY=0.00273973 YEAR
146 DAYS=0.00273973*146
146 DAYS=0.4 YEAR
SI=(1200*7*0.4)/100
SI=3360/100
SI=RS.33.6
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