Question

Find the simple interest on ₹ 5,000 for 3 years 3 months at 6 1/2% per annum and also find the amount​

Answer 1

Answer:

P=5000 RS,TIME=3.3 YEARS,RATE=6 1/2=13/2

SI=   P*R*T/100

SI=   5000×13/2×3.3÷100

SI=   1072.5 RS

AMOUNT= PRINCIPAL-SIMPLE INTEREST

AMOUNT=5000-1072.5

AMOUNT= 3927.5 RS