find the simple interest and amount on rupees 1000 from 14th February 2016 to 14th October 2016 at 3.75% per annuum. Answer=simple Interest ₹25.07 , Amount ₹1025.07
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Answered by
5
Answer:
Simple interest 25.07
Amount 1,025.07
Step-by-step explanation:
14th feb to 14th Oct total days will be 244
interest will be calculated on 244 days
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Answered by
1
Answer:
Step-by-step explanation:
P=1000
T=244 days=244/365 YEARS
16+31+30+31+30+31+31+30+31+14=244
R=3.75%PA
SI=[PRT]/100
1OOO*375*244 =25.07=SI
1OO*100*375
A=SI+P=1000+25.07=1025.07 ANSWER
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