Question

Find the simple interest on Rs. 4000 at 7.5% p.a. for 3 years 3 months. Also, find the amount.​

Answer 1

Answer:

Principle = Rs4000

Time=3years3months

=3+

12

3

=

4

13

yeasrs

S.I.=

100

P×R×T

S.I.=

100

4000×7.5×

4

13

S.I.=Rs975

Then, amount is

A=(P−S.I.)=(4000−975)

=3025Rupees