find the simple interest rs 4500 at 8% per annum for 73 days.also find the ammount
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Answered by
3
Answer:
GiveN :
Principle (P) = Rs. 4500
Rate of interest (R) = 10 %
Time = 73 days = 73/365 = 1/5 year
To FinD :
Simple Interest
Amount
SolutioN :
Formula for simple interest is :
⇢
SI=
100
P×R×T
⇢SI=
100
4500×10×
5
1
⇢SI=
100
900×10
⇢SI=90
∴SimpleInterestisRs.90
⇢
Amount=SI+Principle
⇢Amount=90+4500
⇢Amount=4590
∴AmountisRs.4590
Answered by
1
Answer:
Principal=4500
Rate of interest=8%
time=73/365 days
SI=PRT/100
4500*8*1/5=7200/100=72
SI=72
Amount=P+SI
=72+4500
4572=Amount
Hope it helps u
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