Question

(ii) Principal

6750, rate = 9⅓% p.a., and time
3 years and 2 months find the si​

Answer 1

Given

P = Rs 6750

R = 9⅓% p.a. = 28/3

T = 3 years and 2 months = 3 yrs + 2/12 yrs = 19/6 yrs

Now Si = ( P * T * R ) / 100    

            ={ 6750 * (9⅓) * (19/6) } / 100

            = ( 6750 * 28 * 19 ) / ( 100 * 3 * 6 )

            = Rs 1995.

Hence SI = Rs 1995.