Question

Find the simple interest on a sum of Rs. 10/- for 4 months at the rate of 3 ps per
rupee per month?
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Answer 1

Answer:p=10

Time=4 months

Rate=3%

A=p(1+r/100)^t

A=10(1+3/100)^4

A=10(103/100)^4

A=10×(103/100)^4

A=112550881/10000000

A=11.2550881

CI=A-P

CI=11.2550881-10

CI=1.2550881 ans.

Step-by-step explanation: