Question

Find the simple interest on rs300 at 5% per annum for 6 months.​

Answer 1

Answer:

Rs 7.5

Step-by-step explanation:

6months= 1/2 years

I = 300×5×1/100×2 = 7.5

Amount= 307.5

Answer 2

Answer:

Simple Interest is Rs 7.5

Step-by-step explanation:

Principal  = Rs 300

Rate = 5% per annum

Time = 6 months = 6/12

Simple Interest = P*R*T/100

                         = 300*5*(6/12) /100

                          = Rs 7.5