Find the simple interest on 68,000 at 16⅔% per annum for a period of 9 months
Answers
Answered by
1
Answer:
Interest =PTR/100
= 68000x16.66x0.75/100
= 849660/100
= 8496.6 rs
Answered by
0
Answer:
P = Rs.68000,R = 50/3% p.a and T = 9/12 years = 3/4years.
Therefore, S.I. = (P*R*T)/100 = Rs.(68,000*(50/3)*(3/4)*(1/100))= Rs.8500
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