Math, asked by 7595916255, 1 year ago

Lets us determine the amount of rs. 960 at the rate of simple interest of 8 whole 1/3 % per annum for 1 yr. 3 months

Answers

Answered by mysticd
44
Principal=p=Rs 960
Rate of interest =r = 81/3=8+1/3=25/3%
Time =t = 1yr3mon= 1+3/12=15/12=5/4 yrs
I=ptr/100
I=(960×5×25)/(100×4×3)
I=100
Therefore
Amountn=p+I
=960+100
=Rs1060
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