Question

Find the simple interest on `32,000, borrowed at a rate of 10and a half
% per
annum for 5 years 6 months.

Answer 1

Step-by-step explanation:

First of all here 10and half is =21/2

here we know that S.I=PRN/100

1year=12months

so therefore

SI=32000×21/2×66/100

Therefore SI=320×21×33

=221760.

Answer 2

Step-by-step explanation:

given P = 32,000

R = 10 and half %

T= 11/2 years

SI = P*R*T/100

SI=( 32000*10*1/2*11/2)/100

SI = 8800