Question

find the sinple interest on rs 3500 at 9/2 percent per annum from 15 march to 8 august 2015

answer it fast please

Answer 1

answer is 63 please mark it brainliest and say thanks

Answer 2

Given:

Principal=Rs.3500

Rate=9/2%

Time= 15 march to 8 august 2015

To find:

The simple interest

Solution:

The required interest amount is Rs.63.

We have the duration in terms of days.

So, we will have to divide the total number of days from 15 March to 8 August by 365 since 2015 isn't a leap year.

Total days from 15 March to 8 August=Remaining days in march+days in april+days in may+days in june+days in july+ 8 days in august

=16+30+31+30+31+8

=146

Now, we will calculate the interest amount.

Interest amount=Principal×rate/100×number of days/365

Using the values,

=3500×4.5/100×146/365

=35×4.5×0.4

=35×45/10×4/10

=35×45×4/100

=6300/100

=63

Therefore, the required interest amount is Rs.63.