find the simple interest on Rs900 lent on August 10 and received back on October 22 of the same year,the rate being 35/4% per annum? *
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Step-by-step explanation:
Principles =₹900
rate 35/4%
Time =2month 12days (convert it in years )
Convert 12 days into months =12/30(take 30 days in one month)=2/5month
Total months =(2+2/5)=12/5months
convert 12/5months into years(12/5/12)=12/5X1/12=1/5 yars
So,
Time =1/5years
principle=₹900
Rate=35/4%
SI=p.r.t/100
SI=900X35X1/100X4X5=₹15.75
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