Question

find the simple interest of rs 1000 at 2 percent for 6 months​

Answer 1

Step-by-step explanation:

Find the simple interest on:

(a) $ 900 for 3 years 4 months at 5% per annum. Find the amount also.

Solution:

P = $ 900,

R = 5% p.a.

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

Therefore, S.I = (P × R × T)/100 = (900 × 5 × 10)/(100 × 3) = $ 150

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