find the simple interest rs 7500 from 21st November, 2011 to 16th March,2012,at the rate of 5% per annum
Answers
Answered by
8
Answer ::
The Simple interest is Rs. 119.1780822.
Step-by-step explanation ::
To Find :-
- The Simple interest
Solution :-
Given that,
- Principal = Rs. 7500
- Time = 21st November, 2011 to 16th March, 2012
- Rate = 5%
First we need to convert the time to years,
Time :-
November = 30 - 21 = 9 days
December = 31 days
January = 31 days
February = 29 days [ 2012 is a leap year ]
March = 16
Therefore, total days
= ( 9 + 31 + 31 + 29 + 16 ) days
= 116 days
Converting into years,
= 116/365
According the question,
The Simple interest is,
We got,
- Principal = Rs. 7500
- Time = 116/365 year
- Rate = 5%
As we know that,
The Simple interest is Rs. 119.1780822.
Answered by
1
Step-by-step explanation:
120.205479512 this is answer
Similar questions