Find the interest on rupees 1500 at 10 percent per annum from September 25 to December 7 in the same year.
Answers
Answered by
0
Answer:
The simple interest is Rs 30.410
Step-by-step explanation:
The simple interest is given as:
Where,
p is the principal
n is the number of years
r is the rate of interest
Given that,
p = Rs 1500
r = 10 % per annum
September 25 to Dec. 7 in the same year
Number of days in september = 25th to 30th = 6 days
October = 31 days
November = 30 days
December = 7 days
Total days = 6 + 31 + 30 + 7 = 74 days
No. of years = 75/365
Substituting the values we get,
simple interest 1500 X 10 X 74
100 X 365
thus The simple interest is Rs 30.410
Answered by
2
Answer:
₹30.
STEP- BY- STEP- SOLUTION
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