Question

Find the simple interest on 15750 at 15% per annum for the period from
21th January 2009, to 21th January 2010. Also find the amount?​

Answer 1

$\frac{p \times r \times t}{100}$

$\frac{15750 \times 15 \times 1}{100}$

$= 236,250$

RS.2,36,250