Question

find the simple interest and amount when:. principal=10000rs.,rate=10% per annum,time=146 days​

Answer 1

Principal= Rs. 10000

Rate= 10%

Time= 146 days = 146/365 years

Therefore, Simple Interest=

=PxRxT/100

=10000x10x146/100x365

=14600000/36500

=400

Simple Interest= Rs. 400

Therefore, Amount= P + S.I.

=10000+400

=Rs. 10400

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