find the S.I. and amount when P=₹6250 R=1%per month and time =73days
Answers
Answer:
150, 6400
Step-by-step explanation:
Principal = 6250
Time = 73 days = year
= 1/5 year or 12/5 months
Rate = 1 % per month
SI = PRT = 6250 * 1/100 * 12/5
= 25*6
= 150
Amount = Principal + SI
= 6250 + 150 = 6400
Answer:
Simple interest = 150 Rs.
Step-by-step explanation:
Given data
Principal amount P = 6250 ₹
Rate of interest R = 1% per month
Time period T = 73 days
As we know that 1 year = 365 days
⇒ time period 73 days = 73/365 years
⇒ 73/365 = 1/5 × 12 = 12/5 months
here we need to find simple interest for given data
the formula for simple interest is given by I =
=
=
= 12.5(12)
= 150 Rs.