Question

How much simple interest is earned on Rs 767 for nine months, if it is deposited in a bank account paying an annual interest rate of 7 1 \over 8 %?

Answer 1

Answer:

p=767 t=9mths r=8%

p×r×t/100=767×9×8/100 = 552.24

Step-by-step explanation:

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Answer 2

Answer:

The answer is  - rs.491.83

Step-by-step explanation:

because:-

       SI = PRT / 100

so,   SI  = (767 x9 x 57/8) / 100

       SI =  491.83

( simplify the 2 nd step si on ur own)...

             Hope it helps..

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