Find the simple interest on Rs. 450 at 6% per annum from July 4 to september 15.
a) Rs. 5.10
b) Rs. 1.10
c) Rs. 5.40
d) Rs. 3.50
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Answers
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Step-by-step explanation:
2 months 12 days
450×6% = 27
27/12 = 2.75/ month
2.75/30 = 0.075
0.075×12 = .10
2.75×2 + 0.10 = 5.10
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