Question

find the simple interest on rs 1625 for 2 yrs 8 months at 7 ½%per annum?​

Answer 1

$\mathbb\green{ANSWER♧}$

GIVEN THAT:-

■ PRINCIPAL=₹1625

■ TIME=2 years 8 months =

$2 + \frac{8}{12}$

BY LCM, WE HAVE

$\frac{24 + 8}{12} = \frac{32}{12} = \frac{8}{3} \: years$

■RATE=

$7 \frac{1}{2} \% = \frac{15}{2} \%$

NOW ,ACCORDING TO QUESTION, WE HAVE

■ SIMPLE INTEREST =P×R×T/100

$\\ = \frac{1625 \times \frac{8}{12} \times \frac{15}{2} }{100}$

$= \frac{1625 \times 8 \times 15}{100 \times 2 \times 12} = ₹81.25$

IF WE HAVE TO FIND AMOUNT ,THEN

AMOUNT=1625+81.25

=₹1706.25

HOPE IT HELPS YOU‼️‼️✔✔✔.....