Question

find the interest on rupees 17300 from 28 January 2008 to 10 April 2008 at the rate of 5% per annum also find the amount

Answer 1

simple interest = principle * time * rate/100

p=17300

t=28 jan to 10 april i.e. 73 / 365 year

rate=5%

si= 17300*5*73/365*100

si=173*73/73

si=173*1/1

si=173 rupees

amount = si+ principal

amount=17300+173

amount = 17473 rupees

is it correct . hope you are satisfied  with this.

Answer 2

Answer:

The number of days from 28 Jan to 10 April is 73 days.

so,Time =73/36

Principal=₹17300 and rate =5% per annum.

so,Simple interest= P*R*T/100 =₹17300*73/365/*5/100=₹173

Amount = P+I = ₹173+17300=17,473

Hope this will help you...