Question

Find the simple interest on rupees 50 for 6 month at the rate of 10 paise per rupee per month

Answer 1

here p=rs.50,t=6/12 =1/2 years

now 1rupees=100 paise so,1paisa =1/100 rs. so 10 paisa =10 /100 rupees =10 %

so r is 10%

now s.i=(p×R×T)/100

=(50×10×1/2)/100

=2.5