Question

on which principal the interest after 8 months will be Rs . 37.50 if the annual rate of interest i 6.25 %​

Answer 1

Hii, answer is here below ⤵

We know,

P=I×100/(T×R)

Where,I=Rs.37.50/-,T=8/12 yrs,R=6.25℅

=> Rs.36562.5/-

✌Thanks✌