Question

(iii) find interest
if 2,600 is principle
2 years 3 months at 1% per
month.
​

Answer 1

Answer:

your answer is 702

Step-by-step explanation:

because formula of simple intrest is P × R× T and time = 27 months

Answer 2

hey mate:

given here:

amount=2600

time=2 year 3 months=2+1/4=9/4ys

rate=1% per month=1/12 annual

si=(A*R*T)/100

si=( 2600*1/12*9/4)/100

si=325*3/2

si=487.5 rupees.

THUS:

SIMPLE INTEREST WILL BE

. =487.5 RUPEES

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