Question

Find the simple interest and amount on rs 900 from 7th February 2015 to 2nd July 2015 at 2.5% per annum.​

Answer 1

Answer:

P =Rs.900,

R = 5% p.a.

T = years 4 months 40 12 10 3 years = years

PX RX T 100 900 × 5 × 10 100 × 3 ..., S.I = = =Rs.150

Amount = P + S.I = 900 + 150 =Rs.1050