Question

Find the simple interest on $648 for 8 months at 50/3 % per annum

Answer 1

Principal = ₹648

Time = 8 month = 2/3 years

Rate = 50/3%

S.I. = ?

$si = \frac{prt}{100}$

$\frac{648 \times 50 \times 2}{3 \times 100}$

$= rs. \: 316$

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