Question

Find the simple interest on Rs 1,300 at the rate of 5% per annum for 146 days.​

Answer 1

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Answer:

• The simple interest is Rs. 26.

Given:

• P = Rs. 1,300
• R = 5%
• T = 146 days
• 146 days = 146/365 = 2/5 years

Need To Find:

• The simple interest = ?

Explanation:

Formula used here:

• S.I = P × R × T/100

Putting the values according to the given formula:

➠ S.I = 1300 × 5 × 2/5 /100

➠ S.I = 1300 × 5 × 2/100 × 5

➠ S.I = 26.

• Hence, the Simple Interest = Rs.26.

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Additional Information:

Here,

• P is used for Principal.
• R is used for Rate of Interest.
• T is used for Time.
• S.I is used for Simple Interest.

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Answer 2

$\huge\underline\bold\red{Given}$

Find the simple interest on Rs 1,300 at the rate of 5% per annum for 146 days.

$\huge\underline\bold\pink{Answer}$

P = Rs. 1,300

R = 5%

T = 146 days

146 days = $\frac{146}{365} = \frac{2}{5}$ years

${\boxed{\green{\sf{(formula)P × R × \frac{T}{100}}}}}$

➛S.I = 1300 × 5 × $\frac{2}{5}{100}$

➛S.I = 1300 × 5 × $\frac{2}{100} × 5$

➛S.I = 26.

$\huge\underline\bold\purple{ThankYou}$