Question

P = 2460 T= 3 1/2 yrs R = 8 1/3 p.a Find SI

Answer 1

Given :-

→ Principal (P) = ₹2460

→ Time Period (T) = 3 ½ Years

→ Rate of Interest (R) = 8 ⅓ % p. a.

To find :-

→ Simple Interest (S.I)

→ Amount (A)

Formula's used :-

→ S.I = PTR ÷ 100

→ Amount = Principal - S.I

Solution :-

→ S.I = 2460 × ²⁵⁄₃ × ⁷⁄₂ × ¹⁄₁₀₀

→ S.I = ₹717.50 is the Simple interest

→ Amount = Principal + S.I

→ Amount = ₹2460 + ₹717.50 = ₹3177.50 is the Amount

★ Simple Interest and Amount ★

• ₹717.50
• ₹3177.50

Learn more :-

→ R = 100 × S.I ÷ P × T

→ P = 100 × S.I ÷ R × T

→ T = 100 × S.I ÷ P × R