Economy, asked by Khalidko5191, 1 year ago

Find the simple interest on rupees 3500 at rate 9/2% from 15 march to 8 august 2018.

Answers

Answered by ankita18221614
8
Principal- Rs 3500
Rate- 9/2%
Time period=31-15 days=16 days
April=30 days
May=31 days
June =30 days
July=31 days
August=8 day
16+30+31+30+31+8 days =146 days
146/365 yrs
S.I=P×R×T/100
=Rs3500×9/2×146/365/100
=49 days

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Thank you
Answered by nandanpriyanka
5

Answer: When time is given in days, we convert the time in years and then follow the same formula for calculating simple interest.

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