Question

P= Rs 1000, R= 10 %, T= 73 Days. Find Simple Interest.​

Answer 1

As per the data given in the question,

In the above question, it is given that,

The given amount is Rs.1000 

For the 73 days.

At the rate of 10%

Here we have to find the simple interest.

We have to use the formula of SI,

$SI=\frac{PRT}{100}$

Further substituting the value in the above equation we get,

$SI=\frac{1000 \times 10 \times \frac{73}{365} }{100} \\=\text { Rs. } 20\end{array}$

Hence the SI for 73 days is Rs.20

Answer 2

To find : simple interest

Given : principal = $Rs 1000$ , Time = $73 \ days$ Rate = $10\%$  

Solution :

• As per the data given in the question, we have to find the simple interest.

• We know that , the simple Interest of an amount is calculated by multiplying the interest rate by the principal amount and the time period.  

• SI Formula will be :

       $S.I = \frac{P\times R\times T}{100}$

• So, putting the value in formula. we get,

       $\begin{array}{l}S I=(1000 \times(73 / 365) \times 10) / 100 \\S I=(1000 \times 73 \times 10) / 100 \times 365 \\ =Rs. 20\end{array}$

   Hence, the simple interest will be $Rs \ 20$ .