Question

find the simple interest ₹ 25000 for 4 years 10 months at 5/6% per annum
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Answer 1

Answer:

Step-by-step explanation:

SI = P*R*T/100

P = 25000

R = 5/6% per annum

T = 4 years and 10 months = 4$\frac{10}{12}$ years

= $\frac{58}{12} years$

SI = 25000*5*58/12*6*100

SI = 250*5*58/12*6 = 1006.95