Find the S.I. and amount on: Rs.1600 from July 12 to Dec 5 at 10% p.a. SI = ____, Amount = ____
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Step-by-step explanation:
We know that Rs.600
T= July 12 to Dec. 5
July =12 days, Aug =31 days, Sep. =30 days Oct =31 days, Nov =30 days, Dec.=05 days
Total =146 days
So, T=146/365 years =2/5 years
R=10% p.a
Here S.I =(P×R×T)/100
Substituting the values
=(600×10×2)/(100×5)
=Rs.24
Amount =P+S.I
Substituting the values=600+24=Rs.624
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