Question

find the simple interset on 30,000 for 219 days at 8%per ammun (1 year =365 days)​

Answer 1

Answer:

The simple interest is Rs.405.

Step-by-step explanation:

Given : The amount due on Rs. 6,750 for 219 days at 10 % per annum.

To find : The simple interest ?

Solution :

The simple interest formula is

Where,

P is the principal value P=Rs.6750

R is the interest rate R=10%=0.1

T is the time =219 days

We know, 1 year = 365 days

1 day =  year

219 days =  year

Substitute the value in the formula,

Therefore, The simple interest is Rs.405.