Question

P= 3125 R= 12.5 %. T=73 days

Answer 1

Answer:

simple interest =3203.13

Step-by-step explanation:

73 days = 73/360 year

Assuming that simple interest is to be calculated

Formula of simple interest = PRN/100

=(3123×12.5×73)/(365×100)

=(2,851,562.5/36,500)

=Rs 78.125

=Rs 78.13

Amount = principal + Interest

= 3125 + 78.13

= 3203.13