Question

Find the simple interest due after 120 days for rs 4800 at 10% .

Answer 1

SI = PRT/100
SI = (4800 × 10× 120/365)/100
SI = 157.80

Answer 2

Given :

Principal = 4800

Rate of interest = 10%

To Find :

Find the simple interest due after 120 days for rs 4800 at 10% .

Solution:

Time = 120 days = $\frac{120}{365} years$

Principal = Rs.4800

Rate of interest = 10%

Formula : $SI = \frac{P \times T \times R}{100}$

$Si=\frac{4800 \times 120 \times 10}{36500}\\SI=157.808$

Hence the simple interest due after 120 days for rs 4800 at 10% is Rs.157.808