on Rs 10000-at 10%per annum for 146 days is
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Step-by-step explanation:
The simple interest on Rs.1000 at 10% per annum for 146 days is Rs.40.
Step-by-step explanation:
To find : The simple interest on Rs.1000 at 10% per annum for 146 days ?
Solution :
The simple interest formula is given by,
Where, P is the principal P=Rs.1000
R is the interest rate R=10%=0.1
T is the time T=146 days
Convert days into years,
1 day = year
146 days =
Substitute the value in the formula,
Therefore, the simple interest on Rs.1000 at 10% per annum for 146 days is Rs.40.
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