Find the simple interest on ₹2000 in 3 years and 8 months at the rate of 6% per annum
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Hi ,
principal ( p ) = Rs 2000
rate of interest ( r ) = 6%
time ( t ) = 3 yr 8 months
= ( 3 + 8/12 ) years
= ( 3 + 2/3 ) years
= ( 9 + 2 ) /3
= 11/3 years
simple interest ( I ) = ptr / 100
I = ( 2000 × 11 × 6 ) / ( 100 × 3 )
= Rs 440
I hope this helps you.
:)
principal ( p ) = Rs 2000
rate of interest ( r ) = 6%
time ( t ) = 3 yr 8 months
= ( 3 + 8/12 ) years
= ( 3 + 2/3 ) years
= ( 9 + 2 ) /3
= 11/3 years
simple interest ( I ) = ptr / 100
I = ( 2000 × 11 × 6 ) / ( 100 × 3 )
= Rs 440
I hope this helps you.
:)
shiva145:
but answer is 660
check the answer again or values in the question
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