Question

money will yield a simple interest of 1 1155 in 3 years 6 months at 11% p a​

Answer 1

SI=PRT/100,WHERE SI=11155,T=3 YRS 6 MONTHS=3 yrs +6 months

6 months=6/12 yrs=1/2 yrs

Now,3 yrs 6 months= 3 yrs+1/2yrs=3 1/2 or 7/2 yrs

T=7/2 yrs

R=11%

Put the data given above and Find P