Question

Principal 5000, Rate Interest = 1½% per month, Time = 10 months
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Answer 1

Answer:

62.5

Step-by-step explanation:

Si = 5000 × 3/2 × 10/12 × 1 / 100

SI = 1500/24

SI = 125/2 = 62.5

Answer 2

Answer:

62.5

Step-by-step explanation:

I am assuming that compound interest (C.I.) is asked in question as you have not mentioned it,

         

                      C.I. = PRT     (principal x rate of interest x time)  

           i.e. ,              =   5000 X 1.5 X 10   =    Rs.  62.5

                                                  100    12

WORKING NOTES :   i have taken 1.5/100 because percent means 100th part .

                                  also i have taken 10/12 because CI is calculated over the  year (Anually) so 10 is divided by 12.