Question

Find the Simple Interest on ₹6240 at 6⅔% p.a for a period from December 28, 2011 to May 22, 2012​

Answer 1

Answer:

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Step-by-step explanation:

28th December2011 to 22th May 2012=175 days.

here, P=6240, R=20/3%, T=175/375 year

SI=

\frac{prt}{100}

100

prt

\frac{6240 \times 20 \times 175}{3 \times 100 \times 365}

3×100×365

6240×20×175

=194.14

and the amount is (6240+194.14)=6434.14