Question

Find the simple interest and amount for ₹3500 for 146 days at 4% per annum​

Answer 1

AS WE ALL

SI = P×R×T / 100

GIVEN -

Rate - 4%

Time - 146 days = 146/365 = 2/5 yrs

Amount = ₹ 3,500

According to question-

SI = (3500 × 2/5 × 4 )/ 56

= 7 × 2 × 4

= 14 × 4

= 56