Question

principal amount -5000 ,rate-1.50,time365 total interest how much?

Answer 1

Answer :-

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Given ,

Principal ( p ) = Rs 5000

Rate ( r % ) = 1.50 % = 150 / 100 % = 3 / 2

Time ( t ) = 356 Days = 1 year

Now , It's a simple interest

So ,

Intereste ( I ) = p × t × r / 100

I = ( 5000 × 1 × 3 ) / 100 × 2

I = 75

•°• So , total intereste is Rs 75.

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Answer 2

Interest=p×r×t upon 100

=5000×1.50×365 upon 100

=50×1.50×365

Interest is = 27,375