principal = rupees 450 rate of interest per annum = 4 1/2% time period = 3 years 4 months simple interest=_ amount= _
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Step-by-step explanation:
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Answer:
The answer is
₹67.5 , ₹517.5
Step-by-step explanation:
Principal = ₹450
Rate of Intrest p.a. = 4 1/2 ℅ = 9/2℅
Time Period =
3 years & 4 months
• we know that S.I. can be only found in years not in months , days or weeks -
=
3/1 (3 years ) + 4/12 ( month into year conversion)
=
3/1 + 1/3
cross multiplication
= 10/3 years
_________________
S.I. = P×R×T
= ₹450 × 9 /200(100×2) × 10/3
•°• After dividing
= 135/2 = 67.5 (₹)
_________________________________________
AMOUNT
= S.I. + Principal
= ₹67.5 +₹450
=₹517.5
Hope this helps YOU
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