Question

If principal = 1000, rate of interest = 3=% p.a. and time = 73 days, then simple interest =​

Answer 1

Answer:

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Step-by-step explanation:

3002

Answer 2

Answer:

rs.20

step by step

Principal =Rs.1000

Rate =10% p.a.

Time =73 days

Here; 365 days =1 year

1 day =

365

1

year

73 days =

365

73

year

=

5

1

year

So, simple interest =

100

P×R×T

=Rs.

100

1000×10×

5

1

=Rs.20

Hence, simple interest is Rs. 20