p 4525 rate of interest 8 % time 5 year 6 month find simple interst
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Answer:
S.I = 1991
Step-by-step explanation:
P=4525
R=8%
N= 5 years and 6 months
We convert months term to years.
6 months = 1/2 year = 0.5 year
So N=5.5 years
S.I = PRN/100
= (4525*8*5.5)/100
= 199100/100
S.I = 1991
Cheers!
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