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Answered by
2
Step-by-step explanation:
Given:-
Principle Rs. 3600 ,Rate of interest is
2 2/5 % forthe period of 3 years and
6 months
To find:-
Find the interest on Rs. 3600 at 2 2/5 %
per annum for a period of 3 years
and 6 months?
Solution:-
Principle (P) = Rs. 3600
Rate of interest (R) = 2 2/5 % = 12/5%
Time (T) = 3 years and 6 months
=>T = 3 1/2 years
=>T = 7/2 years
We know that
Simple Interest (SI) = PTR/100
=>SI = [3600×(7/2)×(12/5)]/100
=>SI = (3600×7×12)/(2×5×100)
=>SI = 302400/1000
=>SI = Rs. 302.4
Answer:-
Simple interest for the given problem is
Rs. 302.4
Used formula:-
If P is the principle ,T is the time and
R is the rate of interest then Simple
Interest is SI = PTR/100
Answered by
11
Given,
- Principal = ₹3600
- Rate = 2⅖ % P.A. = 12/5 % P.A.
- Time = 3 years 6 months = 7/2 years
To Find,
- The Simple Interest.
Solution,
Required Answer,
Simple Interest = ₹ 302.4
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