Question

find the simple interest on 5000 for 4 years 10 months at 5.6 % per annual​

Answer 1

Answer:

Simple interest = Rs.1353.33

Step-by-step explanation:

P = principal = Rs.5000

R = rate of interest per cent per year = 5.6

T = time period = 4 years 10 months

SI = Simple Interest = (P*R*T)/100

T = 4 years 10 months

   = 4 years + (10/12) years

    = 4 years + (5/6) years

    = 4 years + 0.833 years

     = 4.833 years

SI = (5000 * 5.6 * 4.833) / 100

    = 50 * 5.6 * 4.833

     = 1353.33

Required simple interest = Rs.1353.33