Question

find the simple interest on Rs. 6250 at 11%p.a for 73 days .​

Answer 1

Answer:

The Simple Interest is Rs.150.

Money = Rs.6250. Rate of interest = 12% For = 73 days.

The Simple Interest.

As we know :

As we know :Principal = 6250. Rate = 12 % Time = 1/5 (73 days of a normal year)