Question

find the si on rs 10000 for 1 year 4months and rate of 15/2 per annum​

Answer 1

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Answer 2

Given,

• Principal = ₹ 10,000
• Time = 1 year 4 months = 1 + 4/12 = 4/3 years
• Rate of interest = 15/2 % p.a.

To find,

• Simple Interest

Solution,

The simple interest of ₹ 10,000 for 1 year 4 months and a rate of 15/2 per annum​ is ₹ 1,000.

We can simply calculate the simple interest by using the formula,

Simple interest = Principal * rate * time /100

Simple interest = 10000 * 15/2 * 4/3 /100

                         = ₹ 1,000

Hence, the simple interest of ₹ 10,000 for 1 year 4 months and a rate of 15/2 per annum​ is ₹ 1,000.