Question

Find the simple interest on a loan of 1000 at the
rate of 10% p.a. for 146 days​

Answer 1

Answer:

rs.40

Explanation:

The simple interest on Rs.1000 at 10% per annum for 146 days is Rs.40.

Step-by-step explanation:

To find : The simple interest on Rs.1000 at 10% per annum for 146 days ?Where, P is the principal P=Rs.1000

R is the interest rate R=10%=0.1

T is the time T=146 days

Convert days into years,

Therefore, the simple interest on Rs.1000 at 10% per annum for 146 days is Rs.40.

Answer 2

Answer:

40

Explanation:

use formula PRN upon hundred to find the simple interest and put the value of P = 1000 R = 10 and N = 146.

now do the calculation but don't forget to put 146 upon 365 because the total number of days in the year 365.

S.I =(1000×10 × 146)