Question

Fond out interest at 8% p.a on capital of ₹50000 for 9.months

Answer 1

Answer:

The interests is 36000

Explanation:

PTR/100

Answer 2

Question :

Find out interest at 8% p.a on capital of ₹50000 for 9.months.

Answer :

The interest is Rs.3000.

Given :

Capital = Rs.50000

Rate of interest per annum = 8%

Time = 9months

= 9/12 years

= 3/4 years

To find :

The interest

Solution :

We know,

S.I = P × R × T / 100

where, S.I is the Simple interest, P is the principal amount, R is the rate of interest per annum and T is the time .

According to the problem,

S.I = (50000 × 8 × 3) / (4 × 100)

= 500 × 8 × 3 / 4

= 500 × 2 × 3

= 1000 × 3

= 3000

Hence, the interest is Rs.3000.

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