Question

find the simple interest on 6000 which was invested in a bank on January 19 and withdrawn on August 26 at 5% p. a. Also find the amount

Answer 1

Principle = 6000
Rate = 5%
Time = January 19 to August 26
=> 219 days
=> 219/365 years
=> 3/5 years

Then,
SI = p×r×t/100
=> 6000×5×3/100×5
=> 60×5×3/5
=> 60×3
=> 180

Then,
Amount = P+SI
=> 6000 + 180
=> 6180

ANSWER :
• Simple interest = 180 rupees
• Amount = 6180 rupees

Answer 2

Answer:

Step-by-step explanation:

Principle = 6000

Rate = 5%

Time = January 19 to August 26

=> 219 days

=> 219/365 years

=> 3/5 years

Then,

SI = principle x rate x time / 100

=> 6000×5×3/100×5

=> 60×5×3/5

=> 60×3

=> 180

Then,

Amount = Principle + Simple Interest

=> 6000 + 180

=> 6180

ANSWER :

• Simple interest = 180 rupees

• Amount = 6180 rupees